Market Trading Guide: IDFC First Bank among 4 stock recommendations for Wednesday
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over 1 year ago
Tuesday’s volatile trading session saw benchmark equity indices ending flat with Nifty holding 18,110 levels. Sensex added 37 points to close at 60,979. Nifty Auto and Nifty IT rose the most by up to 1%, while Nifty PSU Bank and Nifty Realty logged the highest losses of more than 1% each.“Nifty bears were active around the 18,200 level, and the index remained under pressure throughout the day. The index is stuck in a broad range between 17,900 and 18,200, and a break on either side will lead to trending moves. The options data shows aggressive writing at the 18,200CE strike, and the lower end support is visible at 18,000PE, where the put side has the most open interest,” said Rupak De, Senior Technical Analyst at LKP Securities.Here are stock recommendations for Wednesday:
Economic Times