Share Market Today: Bullish atmosphere in share market; Keep an eye on ‘these’ stocks for profit
- Gift Nifty is trading at a premium of around 217 points indicating a gap-up opening in the market.
- Experts suggest stocks like Dixon Technologies, Ramco Cements, Ola Electric and Bank of Maharashtra to watch out for.
- Sensex, Nifty and Bank Nifty closed higher on Friday, boosting investor confidence.
India Share Market Update: Signs of a peace deal between the US and Iran have boosted investor confidence. This is having a positive effect on the stock market. On the back of positive cues from the global markets, major indices of the Indian stock market, Sensex and Nifty 50, are expected to open higher today on May 25. Trends in the Gift Nifty are also signaling a gap-up opening for the Indian benchmark index. Gift Nifty was trading at around 23,961, at a premium of nearly 217 points over Nifty futures’ previous close.
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Indian stock markets closed higher on Friday, with the benchmark Nifty 50 closing above the 23,700 level. The Sensex closed up 231.99 points, or 0.31 percent, at 75,415.35, while the Nifty 50 gained 64.60 points, or 0.27 percent, at 23,719.30. The Bank Nifty index closed up 615.95 points, or 1.15 per cent, at 54,055.35 points on Friday. (Photo Courtesy – Pinterest)
Jigar S., Senior Manager, Equity Technical Research at Anand Rathi Share & Stock Brokers. Patel recommends buying three stocks for the next 1 to 2 weeks. Which includes Dixon Technologies (India), Aarti Industries, Ramco Cements. Investors in the stock market today can focus on buying shares of Sheela Foam Ltd, Max Financial Services Ltd, Poly Medicure Ltd, Meesho Ltd and Dynamic Technologies Ltd, advises NeoTrader co-founder and stock research platform MarketSmith India’s Raja Venkataraman.
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Vaishali Parekh, Vice-President, Technical Research, Prabhudas Lilladhar, has selected three stocks for investors to buy and sell today: Meesho, Max Financial Services and GIPCL. Sumeet Bagdia, Executive Director, Choice Broking, has recommended Aditya Birla Fashion & Retail, Bank of Maharashtra and Ola Electric Mobility as three stocks to buy for Indian stock market investors in today’s trade.
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