- With Gift Nifty falling by around 62 points, there are signs of a flat to negative market start.
- Mphasis, Jindal Stainless and Rain Industries are the three stocks experts have advised to watch today.
- Experts believe there are buying opportunities in Bajaj Auto, Info Edge and Aurobindo Pharma futures.
India Share Market Update: Major Indian stock market indices, Sensex and Nifty 50, are expected to open flat on Wednesday, September 2. The trend in Gift Nifty also indicated a sluggish start for the Indian benchmark index. Gift Nifty was trading at around 24,028, down 62.3 points from the 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 24,100. The Sensex closed down 12.99 points, or 0.02 percent, at 76,944.28, while the Nifty 50 fell 24.60 points, or 0.10 percent, to settle at 24,055.80. (Photo Courtesy: Pinterest)
Vaishali Parekh, vice president of technical research at Prabhudas Lilladhar, recommends three stocks for investors to buy and sell in today's trade. These include Mphasis, Jindal Stainless and Rain Industries. In today's trading, Indian stock market investors can focus on Hero MotoCorp, Reliance Industries, Adani Green Energy, Tata Motors, Wipro, Gland Pharma, NMDC, Texmaco Rail & Engineering, L&T Finance, Welspun Corp.
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Jay Thakkar, Vice President and Head of Derivatives and Quant Research, ICICI Securities recommends Bajaj Auto Futures, Info Edge Futures and Aurobindo Pharma Futures for investors to buy in the coming period.