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Breakout stocks to buy or sell: After two consecutive days of losses, Nifty and Sensex rebounded sharply on April 2, fueled by a recovery in banking and IT stocks. The rally occurred just before the April 2 tariff deadline set by U.S. President Donald Trump, which the White House confirmed would take immediate effect. The…
Two stock recommendations by MarketSmith India: Buy Lemon Tree Hotels Ltd. (current price: ₹140.71) Why it’s recommended: The start of the holiday season, enhanced operational efficiencies, strategic market diversification. Key metrics: P/E: 49.63, 52-week high: ₹162.40, volume: ₹88.60 crore. Technical analysis: Trendline breakout on the daily chart along with strong volume. Risk factors: Seasonality factor/cyclical…
Three best stocks to buy today, recommended by Raja Venkatraman of NeoTrader for Thursday, 3 April • Gujarat Alkalies And Chemicals Ltd: Buy above ₹650, stop ₹628, target ₹695-715 • Suzlon Energy Ltd: Buy above ₹58 , stop ₹55, target ₹65-68 Read this | From drought to revival: Are QIPs paving the way for new…
The Indian equity markets experienced a rollercoaster ride over the past few months, with the Nifty 50 reaching an all-time high of 26,216 on September 26, 2024, before witnessing a steep correction of 16 percent until February 28, 2025. However, March 2025 saw a strong rebound of 6.3 percent. Axis Securities believes the current risk-reward…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open flat on Wednesday amid mixed global cues. The trends on Gift Nifty also indicate a muted opening. On Tuesday, the Indian stock market ended sharply lower, with both the benchmark indices plunging more than 1.5% each. The Sensex cracked 1,390.41 points,…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat on Wednesday, tracking mixed cues from global peers ahead of US President Donald Trump’s reciprocal tariffs announcement. The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 23,327 level,…
Here are the three best stocks to buy today as recommended by Raja Venkatraman of NeoTrader for Wednesday, 2 April. • Chalet Hotels: Buy above ₹850 , stop ₹825 target ₹915-940 • Medanta: Buy above ₹1,235, stop ₹1,210 target ₹1,315-1,345 • Poonawalla Fincorp: Buy at current market price and on dips to ₹340, stop ₹335,…
Indian stock market: Benchmark indices closed FY25 on a positive note, rebounding strongly in March after experiencing a record five-month losing streak from October to February. Meanwhile, mid and small-cap stocks delivered impressive gains, outperforming the broader market indices. In March 2025, the BSE Sensex recorded a significant rise, climbing by up to 5.8%, while…
Buy or sell stocks: The Indian stock market closed in the red on Friday, March 28, after the final trading session of the 2024-25 fiscal year, as investors remained cautious of the upcoming tariffs from US President Donald Trump. The Nifty 50 index closed 72 points lower at 23,519.35 points after Friday’s market session, compared…
On the monthly chart, the index posted a strong 6.20% gain in March, forming a bullish candle after five months of correction. It has also advanced about 5.30% in FY 25 so far. Best stocks to buy today, MarketSmith India’s recommendations for 1 April: 1. Aster DM Healthcare: Current market price: ₹ 483.50 | Buy…
