- Stock market is likely to open at a positive level
- Asian markets are bullish
India Share Market Update: The Indian stock market is expected to open on a positive note today on October 16. Gift Nifty has given positive initial indications. While Asian markets were bullish on Friday, American stock futures also remained positive on Thursday. The Nifty futures was trading at 23,106, up nearly 118 points or 0.51% from its previous close, giving a positive signal for the Indian stock market indices.
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Investors in the Indian stock market today can focus on stocks like Punjab National Bank, Urban Company, Bajaj Housing Finance, Federal Bank, LTM, Reliance Industries, Wipro, Yes Bank, Tech Mahindra, Standing Systems, Jio Financial Services, Angel One, Mankind Pharma, L&T Finance. Also, stocks like Aditya Birla Capital, Rajesh Exports, ICICI Prudential Life Insurance, Prestige Estates, Bazaar Style, 360 One WAM are likely to be in the news today. (Photo Courtesy: Pinterest)
Angel One Technical Analyst (Equity & Derivatives) Hitesh Rathi has picked Aarti Industries and Blue Star as the stocks to buy for investors today. PhD Capital Pvt. Ltd. Pradeep Halder, founder and CEO of , recommends investors to buy Precall. Shares from banking, hospitality, exchange, FMCG and auto components sectors are on the radar of experts today. On the radar of experts today are Indian Hotels Company Ltd., BSE Ltd., Kotak Mahindra Bank Ltd., Quality Walls (India) Ltd., Precall Ltd. These are going to be shares.
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17 stocks hit fresh 52-week lows on Thursday. These include HDBFS, VEDL, Swiggy, JWL, MFSL, Crizac, VAML, RamCosem, GreenPanel, TriveniPT, LaserPower, SkyWage, Vermora, LCCProject, INA, RainValentr, RPower.