Stocks worth buying today: Trader alert! List of 5 stocks you need to track today..
The decline in domestic stock markets continues. The indices also declined in Thursday’s trading session. BSE Sensex fell 528 points to close at 77,620. Nifty50 fell 162 points to end the session at 23,526. Bank Nifty fell 332 points to 49,503.
Shrikant Chauhan, Head of Securities Equity Research, said.. “Currently the market is weak but in an oversold condition. Hence there is a possibility of a pull back rally. 23650 will be important for Nifty50. If it continues below this level the market may go to 23400-23375. If it rises above 23650, it may bounce back to 23750-23800,” he said.
FII..DII..
In Thursday’s trading session, FIIs traded at Rs. Shares worth Rs 7170.87 crore were sold. Whereas DII Rs. Shares worth Rs 7639.63 crore were purchased.
In the month of January, FIIs have so far invested Rs. Shares worth Rs 1,9102.78 crore were sold. Whereas DII Rs. Shares worth Rs 20253.95 crore were purchased.
Domestic stock markets are likely to start the trading session with a decline on Friday. This is because Gift Nifty is losing about 60 points.
American stock market
There is a holiday in American stock markets on Thursday. At the same time, the decline in Asian stock markets continues in Friday’s trading session.
Stock to buy..
Vijaya Diagnostics – Up to Rs. 1221.3, stoploss Rs. 1177, target Rs. 1313
Shelly Engineering Plastics – Up to Rs. 1630.7, stop loss Rs. 1565, target Rs. 1777
Marico Limited – Rs. 667, stop loss Rs. 650, target Rs. 690
Aarti Industries – From Rs. 413, stop loss Rs. 403, target Rs. 430
Aditya Birla Fashion & Retail – Up to Rs. 277, stop loss Rs. 265, target Rs. 295
(Note:- These are only experts’ opinions. Hindustan Times Telugu has nothing to do with it. Traders should do their own analysis before placing any trade.)