Market Trading Guide: GNFC, Info Edge among 5 stock recommendations for Thursday
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5 months ago
Indian equity indices advanced to fresh record highs for the third consecutive session on Wednesday, led by energy and IT stocks. The S&P BSE Sensex closed 0.52% higher at 69,653, while the NSE Nifty 50 index closed above the 20,900 level."The short-term trend of Nifty continues to be positive. Having moved up sharply in the last few sessions and the placement of hurdle around 20,910 levels (61.8% Fibonacci extension), there is a possibility of consolidation or minor correction from near 21,000 levels in the short term. Immediate support is placed at 20,800 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Thursday:
Economic Times