- Gift Nifty is trading at a discount of around 74 points, signaling a negative start for the market.
- On Monday, the Sensex rose 639 points and the Nifty 50 nearly 195 points to close above 24,000.
- Experts advise stocks like Vedanta, IOC, JSW Energy and Naika to watch today.
India Share Market Update: On April 27, the Indian stock market witnessed a boom. The fall which has been going on for the last 3 days stopped yesterday. Major Indian stock market indices, Sensex and Nifty 50 are likely to open lower today on Tuesday, April 28 due to mixed cues in 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 24,046, at a discount of nearly 74 points to the previous close of Nifty futures.
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On Monday, the Indian stock market ended a three-day slide and registered a major rally with the Nifty 50 closing above the 24,000 level. The Sensex closed up 639.42 points, or 0.83 percent, at 77,303.63, while the Nifty 50 gained 194.75 points, or 0.81 percent, to settle at 24,092.70. On Monday, the Bank Nifty index closed up 174.55 points, or 0.31%, at 56,264.30. (Photo Courtesy – Pinterest)
Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladhar, has suggested three stocks for investors to buy and sell in today’s trade. Stocks picked by Vaishali Parekh include Vedanta, IOC and Sula Vineyards. As per Indian stock market expert advice, today investors will focus their attention on Maruti Suzuki, Eternal, Bank, Castrol India, FedBank Financial Services, Trent, Bharatiya Railtel Corporation, Bajaj Housing Finance, Nippon India AMC, AU Small Finance Bank, Mahindra & Mahindra, Sankarhun Motherson International, City Union Bank, Rally India. can
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Chandan Taparia, Head, Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd, has picked stocks for investors to buy today including JSW Energy, Sona BLW Precision Forgings and NMDC. Investors in the Indian stock market today can consider buying shares of Zen Technologies, Fortis Healthcare, Rites, FSN E-Commerce Ventures (Naika) and JBM Auto, according to Choice Broking Executive Director Sumeet Bagdia.
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