- The Sensex-Nifty signaled a weak start as Gift Nifty fell by around 60 points.
- In the previous session, the Sensex fell by 171.72 points, while the Nifty 50 fell by as much as 32.95 points.
- Experts suggest buying opportunities in shares including Siemens, Multi Commodity Exchange of India (MCX) and Cochin Shipyard.
India Share Market Update: Considering the weak cues in the global markets, major indices of the Indian stock market, Sensex and Nifty 50, are expected to open lower today, Tuesday, August 25. The trend of Gift Nifty also indicated a bearish start for the Indian benchmark index. Gift Nifty was trading at around 24,170, down 60 points from its previous closing price of Nifty futures.
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Domestic stock indices closed lower in the previous session, with the benchmark Nifty 50 closing below the 24,300 level. The Sensex closed down 171.72 points, or 0.22 percent, at 77,369.11, while the Nifty 50 fell 32.95 points, or 0.14 percent, to settle at 24,219.05. Chandan Taparia, Head of Derivatives and Technicals, Wealth Management Division, Motilal Oswal Financial Services Limited, picks shares of Siemens, Multi Commodity Exchange of India (MCX) and Cochin Shipyard for investors to buy in today's trade. (Photo Courtesy: Pinterest)
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Market experts Sumit Bagdia, Ganesh Dongre and Anand Rathi, senior managers at Choice Broking, have recommended eight stocks for investors to buy today. Stocks recommended by market experts include Welspun Living Ltd., Redington Ltd., LTM Ltd., Computer Edge Management Services Ltd., Cipla Ltd., Hindalco Industries Ltd., NACL Industries Ltd. and V-Mart Retail Ltd.