Stock Market Today: The possibility of volatility in the stock market! As a result of global tensions and rising crude oil prices
- After falling in Sensex and Nifty, trading is likely to be volatile today.
- Although the Gift Nifty sees a light premium, the market continues to be under pressure due to global tensions.
- Investors focus on stocks like Infosys, Cipla, Adani Energy, LTIMindtree.
India Share Market Update: Mixed cues from global markets, rising crude oil prices and uncertainty over the US-Iran war are seen affecting global and Indian stock markets. Today Friday April 24 The major indices of the Indian stock market, Sensex and Nifty 50, are expected to remain volatile on Friday. Trends on Gift Nifty are signaling a good start for the Indian benchmark index. Gift Nifty was trading at 24,233, at a premium of nearly 70 points over the previous close of Nifty futures.
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On Thursday, the Indian stock market fell sharply and the benchmark Nifty 50 closed below the 24,200 level, sustaining a second straight session of selling. The Sensex closed down 852.49 points, or 1.09 percent, at 77,664.00, while the Nifty 50 fell 205.05 points, or 0.84 percent, to settle at 24,173.05. On Thursday, the Bank Nifty index closed down 819.45 points, or 1.43 percent, at 56,305.00. (Photo Courtesy – Pinterest)
In today’s trading, investors in the Indian stock market can keep an eye on stocks such as Infosys, Tata Capital, Adani Energy Solutions, Scient, LTIMindtree, Cipla, Indian Energy Exchange, Mahindra Logistics, UTI Asset Management Company. Raja Venkataraman, co-founder of NeoTrader and stock research platform MarketSmith India, recommends five stocks to buy in today’s trade. Shares picked by Raja Venkataraman include Praj Industries Ltd., Mankind Pharma Ltd., Computer Edge Management Services Ltd., Sai Life Sciences Ltd. and Garware Hi-Tech Films Ltd. Choice Broking Executive Director Sumeet Bagdia has recommended five stocks for investors to buy today namely Sai Life Sciences, Black Box, Nosil, Privy Specialty Chemicals and Granules India.
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Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladhar, recommends three stocks for investors to buy or sell today. Which includes Jio Financial Services, Nosil and Kolpal. Reliance Industries, Shriram Finance, IndusInd Bank, Adani Green Energy, Can Fin Homes, Chennai Petroleum Corporation, DCB Bank, Hindustan Zinc, Lodha Developers, L&T Finance, Mahindra & Mahindra Financial Services, Mangalore Refinery & Petrochemicals, Supreme Petrochem, Tanla Platforms and Zensar Technologies will announce their quarterly earnings today. are
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