Stocks worth buying today: Trader alert! This is Rs. Profit potential with 275 stocks..
Domestic stock markets ended Thursday’s trading session with gains. BSE Sensex closed 319 points higher at 77,043. Nifty50 closed the session at 23,312, up 99 points. Bank Nifty rose 527 points to 49,279.
“Nifty50 index now faces resistance at 23460. If this is crossed, Nifty is likely to go to 50.. 200 day EMA (Exponential Moving Average) 23,680. Support is near 23,150,” said Devarsh Vakil, head of prime research at HDFC Securities.
FII..DII..
In Thursday’s trading session, FIIs traded at Rs. Shares worth Rs 4341.95 crore were sold. Whereas DII Rs. Shares worth Rs 2928.72 crore were purchased.
In the month of January, FIIs have so far invested Rs. Shares worth Rs 43,258 crore were sold. Whereas DII Rs. Shares worth Rs 46,794.26 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
American stock markets ended the trading session at a flat level on Thursday. The Dow Jones fell 0.16 percent. The S&P 500 fell 0.21 percent. Tech index Nasdaq fell 0.89 percent.
The decline in Asian stock markets continued in Friday’s trading session.
Stock to buy..
TGPL Packaging – Upto Rs. 3531.45, stop loss Rs. 3400, target Rs. 3750
Ganesh Housing Corporation – Rs. 1313, stop loss Rs. 1265, target Rs. 1400
Godrej Properties – From Rs. 2365, stop loss Rs. 2310, target Rs. 2460
Aditya Birla Fashion & Retail – Up to Rs. 276, stop loss Rs. 270, target Rs. 289
Grasim Industries – Rs. 2359, stop loss Rs. 2320, target Rs. 2420
(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.)