Market Trading Guide: Gravita India among 7 stock recommendations for Monday
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almost 2 years ago
Indian indices ended the week on a positive note with Nifty ending 98 points higher at 17,956. Easing inflation and better than expected Q3 earnings by the IT majors is boosting investor sentiment. The broader markets ended weak, with Nifty Midcap 100 ending with a marginal cut.“Easing inflation and brighter Q3 numbers projected by the second set of IT majors are outweighing the cautiousness of the market. CPI in India and US cooled off, thereby bolstering expectations of a less aggressive policy. Falling treasury yields and dollar index are raising investors’ sentiments,” Vinod Nair, Head of Research at Geojit Financial Services, said.Here are stock recommendations for Monday:
Economic Times