The country's stock market has grown in the first three trading sessions of this week. In the last trading session, Sensex and Nifty50 rose nearly 4 per cent. Will this growth trend continue on Thursday as well? Will bulls be seen running on Dalal Street in the fourth trading session of the week? What indications are emerging?
In Wednesday's trading session, Sensex rose 2946 points or 3.94 per cent. As a result, the Bombay Stock Exchange's benchmark index stands at 77,562 points. Nifty50 is at 873 points or 3.78 per cent. After this rise, Nifty50 stands at 23,997 points. Along with this, small-cap and mid-cap indices have also risen around 4 per cent.
However, market experts believe there is less possibility of a positive start in the market on Thursday. Gift Nifty has opened negatively on this day. This index is down 0.77 per cent or 184 points. This indicates a down gap start on Dalal Street. In this scenario, see which stocks experts have advised to buy.
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CG Power: This company's stock price has risen above the 50-day moving average. This share's price is ₹285. Its target price is ₹300, and the stop loss is ₹273.
Kirloskar Oil Engines: A higher high and lower low pattern has been seen in the short-term trend. This stock's price is ₹1465. Its target price is ₹1600, and stop loss is ₹1400.
Diamia Bharat: Market analysts are also optimistic about this stock. This stock's price is ₹1922. Its target price is ₹2100, and the stop loss is ₹1830.
{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.}
