Stock Market Today: The result of US-Iran tension! Today’s stock market will open with a decline? find out
- Market likely to open negative today with Gift Nifty down around 154 points.
- Strong market rally on Tuesday; Sensex closed at 79,273 and Nifty at 24,576.
- Experts advised to keep an eye on certain stocks; Stocks like Tech Mahindra, Adani Ports, Bajaj Finance in focus.
India Share Market Update: Investors have been cautious after the US-Iran arms deal escalated. Because US-Iran tensions are affecting global and Indian stock markets. Key Indian stock market indices, Sensex and Nifty 50, are expected to open lower on Wednesday on mixed cues from global markets. Trends in Gift Nifty are also signaling a negative opening for the Indian benchmark index. Gift Nifty was trading at a level of 24,430, at a discount of nearly 154 points to the previous close of Nifty futures.
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On Tuesday, the Indian stock market saw a sharp rally on hopes of US-Iran peace talks and the benchmark Nifty 50 closed above the 24,500 level. The Sensex closed up 753.03 points, or 0.96 percent, at 79,273.33, while the Nifty 50 gained 211.75 points, or 0.87 percent, to settle at 24,576.60. On Tuesday, the Bank Nifty index closed up 789.10 points, or 1.39 per cent, at 57,371.45. (Photo Courtesy – Pinterest)
Investors in the Indian stock market today can focus their attention on stocks like Tech Mahindra, Trent, SBI Life, BCCL, HCL Technologies, Trent, PNB Housing Finance, Aurobindo Pharma, Tata Elxy, Tata Investment Corporation, Hindustan Zinc, BEML, JSW Energy. NeoTrader co-founder and Raja Venkataraman of stock research platform MarketSmith India has recommended five stocks for investors to buy today on April 22. According to advice given by Raja Venkataraman, investors in the stock market today can buy five stocks Adani Ports and Special Economic Zone Limited, Gujarat Ambuja Exports Limited, AU Small Finance Bank, Delhiveri Limited and Cupid Limited.
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Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladhar today recommended three intraday stocks for investors to buy or sell. These include Manappuram Finance, Fortis Healthcare and Bajaj Finance. Sumeet Bagdia, Executive Director, Choice Broking, has recommended five stocks for investors to buy on April 22. Shares picked by Sumeet Bagdia include Bharat Heavy Electricals, Bajaj Finance, Welspun Corp, Honasa Consumer and Lloyds Metals & Energy.
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