Market Trading Guide: Tata Motors among 4 stock recommendations for Monday
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5 months ago
Indian benchmark indices closed at record highs on Friday, erasing election-day-related losses, on political continuity and a projection of faster economic growth. The S&P BSE Sensex closed 2.16% higher at 76,693, while the NSE Nifty50 index ended above the 23,250 level."The short-term trend of Nifty continues to be positive. Having reached the overhead resistance of around 23300-23400 levels, there is a possibility of minor dip in the market from the highs in the short term and that could be a buying opportunity. Immediate support is at 22900 levels," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities. Here are 4 stock recommendations for Monday:
Economic Times