The Indian stock market indices, Sensex and Nifty 50, may witness a flat opening on Tuesday, following mixed cues from the global peers. The trends on Gift Nifty also indicate a muted start for the Indian stock market today. In Monday’s trading session, the domestic equity market extended gains to close higher, with the benchmark
The Sensex surged 1,006 points, or 1.27%, to close at 80,218.37, while the Nifty 50 advanced 289 points, or 1.20%, to settle at 24,328.50. Top 3 auto stocks to buy, recommended by Ankush Bajaj: Hindustan Aeronautics Ltd (current price: ₹4426) Why it’s recommended: The stock has given a triangle breakout on the hourly time frame.
Three stocks to buy, as recommended by Ankush Bajaj: Axis Bank: Buy at ₹1,045 | Target ₹1,134-1,140 | Stop loss ₹ 998 On the hourly chart, the Axis Bank stock has given a triangle breakout. Additionally, it forms a head and shoulders pattern. The ADX is at 35, indicating strong momentum. JSW Energy: Buy at
As a result, Nifty formed a doji candle with a higher-high and higher-low price structure. On the weekly chart, the index snapped its three consecutive weeks of losses and formed a bullish candle. The advance-decline ratio was flattened and settled around 1:1. Also read: Will investors flock to agri-stocks after the Budget? From a technical