The Indian stock market had been on a declining trend since the beginning of this week. A decline in the value of the rupee, uncertainty over the trade deal with the US and the meeting of the Reserve Bank’s Monetary Policy Committee together, these factors have kept Dalal Street under pressure. Nifty 50 had declined by 46 points in the last trading session, pulling the NSE benchmark index below 26,000. The Sensex lost 31.46 points to close at 85,106. In this backdrop, investors and analysts are keenly waiting to see how the market will move on Thursday. Here are the stocks that market experts recommend keeping an eye on today:
Birlasoft Ltd: The stock rose almost 4% despite a weak market in the last session. It is now available at ₹423. The target price for this script is ₹453, and stop-loss is at ₹408.
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eClerx Services Ltd: This stock too showed resilience amidst the broader market decline. It was up by 2.15% at ₹4,898. Target price is ₹5,255 and stop loss is ₹ 4,740.
CarTrade Tech Ltd: This stock surged over 3.5% against the declining Sensex and Nifty. The target price is ₹3,200, against a stop-loss of ₹3,040.
Avanti Feeds Ltd: This stock surged more than 2.5% in a declining market and is trading at ₹827 with a target of ₹870 while maintaining a stop loss at ₹810.
Bajaj Consumer Care Ltd: The stock rallied 3.14% in the last session to close at ₹273. The target price will be ₹290 with a stop-loss at ₹267.
{News Ei Samay does not provide investment advice anywhere. Investment and trading in the share market or any field involve risk. Proper study and expert advice are recommended beforehand. This news is published for educational and awareness purposes.}
