Stock Market Today: Gift Nifty Bullish Signals! A positive start in the market, a big opportunity for investors?
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India Share Market Update: After a sharp fall in the last session, global markets saw bullish signs on Wednesday. This is likely to affect the Indian stock market as well. Benchmark indices of the Indian stock market, Sensex and Nifty 50, are expected to open on a positive note today, Wednesday, February 25. Trends on Gift Nifty also indicate a positive start for the Indian benchmark index. Gift Nifty was trading around 25,669, almost 69 points higher than the previous close of Nifty futures.
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On Tuesday, the Indian stock market fell sharply, suffering losses on selling, with the benchmark Nifty 50 closing below 25,500. The Sensex closed down 1,068.74 points, or 1.28%, at 82,225.92, while the Nifty 50 closed down 288.35 points, or 1.12%, at 25,424.65. The Bank Nifty index closed down 216.95 points, or 0.35%, at 61,047.30 on Tuesday. (Photo Courtesy – Pinterest)
Investors in Indian stock market in today’s trading include Government Indian Railway Finance Corporation (IRFC), IDFC First Bank, Rail Vikas Nigam Limited (RVNL), Lupin, Wari Energies, Dr. Stocks to focus on are Reddy’s Labs, Hindalco, Hexaware Technologies, Power Grid Corporation of India, HG Infra Engineering. According to Sumit Bagadia, Executive Director, Choice Broking, investors in the Indian stock market today can focus their attention on five breakout stocks. These include Torrent Pharmaceuticals, CCL Products (India), Scheffler India, Jammu and Kashmir Bank and Chennai Petroleum Corporation.
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Stock market experts Sumit Bagadia, Executive Director, Choice Broking, Ganesh Dongre, Sr. Manager, Technical Research, Anand Rathi, and Shiju Kuthupalakkal, Sr. Manager, Technical Research, Prabhudas Lilladhar have recommended eight stocks for investors to buy and sell today. These stocks recommended by stock market experts include Jindal Steel, JB Chemical & Pharma, Coal India, NTPC, Tata Consumer Products, BHEL, Netweb Technologies India, RR Cable.
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