- Sensex and Nifty are off to a weak start today with Gift Nifty down 20.1 points.
- In the previous session, Sensex closed down by 492.70 points and Nifty by 132.75 points.
- Experts have advised some stocks to watch for buying and selling, including Data Patterns, Ingersoll-Rand, Savita Oil, Cipla and Polycab India.
India Share Market Update:The leading indices of the Indian stock market, Sensex and Nifty 50, are expected to open flat or negative today on August 19. The trend in Gift Nifty also indicated a sluggish start for the Indian benchmark index. Therefore, it is very important for investors to be careful while trading in the market today. Gift Nifty was trading at around 24,210, down 20.1 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 the 24,200 level. The Sensex closed down 492.70 points, or 0.63 percent, at 77,235.46, while the Nifty 50 fell 132.75 points, or 0.55 percent, to settle at 24,154.90. (Photo Courtesy: Pinterest)
Sumeet Bagdia, Executive Director, Choice Broking, recommends five breakout stocks for investors to buy today. These include Data Patterns (India), Ingersoll-Rand (India), Hindustan Foods Limited (NDA), Savita Oil Technologies and Apcotex Industries. While trading in the stock market today, investors can focus their attention on stocks such as BPCL, Railtel Corp, Hindustan Zinc, ONGC, Aster DM Quality Care, Highway Infrastructure, Exide Industries, Interarch Building Solutions, Balkrishna Industries.
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Sumeet Bagdia, Ganesh Dongre and Anand Rathi, senior managers at Choice Broking, have recommended eight stocks for investors to buy and sell today. Stocks picked by experts include Lenskart Solutions Ltd., Welspun Corp. Ltd., BSE Ltd., Cipla Ltd., Polycab India Ltd., BEML Ltd., Sankarhun Motherson International Ltd. and Jaiswal Neco Industries Ltd. These include