Share Market Today: Which stocks will give strong returns today? Get expert advice

  • Sensex and Nifty are likely to open flat today as indicated by Gift Nifty.
  • Prabhudas Lilladhar’s Vaishali Parekh recommends Hero MotoCorp, Pine Labs and M&M Financial Services as buys.
  • Experts at Choice Broking and Motilal Oswal advise stocks like Nippon Life India AMC, Elecon Engineering, Bharat Forge, BSE and The Phoenix Mills to watch out for.

India Share Market Update: Indian stock market indices, Sensex and Nifty 50, are expected to open at a slower pace today on Tuesday, June 16, considering the mixed signals in global markets. Trends in Gift Nifty also indicate a flat start for the Indian benchmark index. Gift Nifty was trading at around 23,932, at a premium of nearly 15 points over the previous close of Nifty futures.

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On Monday, the Indian stock market saw a big rally after the announcement of the US-Iran peace deal and the benchmark Nifty 50 closed above the 23,800 level. The Sensex closed up 736.38 points, or 0.97 percent, at 76,264.33, while the Nifty 50 gained 231.00 points, or 0.98 percent, to settle at 23,853.90. On Monday, the Bank Nifty index rose 384.00 points, or 0.68%, to close at 57,198.80. (Photo Courtesy – Pinterest)

Vaishali Parekh, vice president of technical research at Prabhudas Lilladhar, recommends three stocks for investors to buy in today’s trade. These include Hero MotoCorp, Pine Labs and M&M Financial Services. Investors in the Indian stock market today can focus their attention on HCL Technologies, General Insurance Corporation of India, State Bank of India, Mahindra & Mahindra Financial Services, Tel Bharat, Yes Bank, Adani Enterprises, Craftsman Automation, Devyani International, Bank.

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Investors trading in the Indian stock market today can consider buying shares of Nippon Life India Asset Management, Elecon Engineering, Hindustan Foods, Manali Petrochemicals and Belrise Industries, as advised by Sumit Bagdia, Executive Director, Choice Broking. Chandan Taparia, Head, Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Limited today recommended investors to buy shares of Bharat Forge, BSE and The Phoenix Mills.

(Note: The information in the above article is based on individual analysts and experts. Navarashtra.com does not make any claim. We advise investors to consult certified experts about stocks before taking any investment decision.)

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