The country’s stock market reopens on Monday after the weekend break, with investors closely tracking whether the sharp decline seen in the final two sessions last week will continue. In the last trading session, the Sensex plunged over 1,000 points, falling 1.25 percent, while the Nifty slipped 1.30 percent. The sell-off dragged the NSE benchmark below the 25,000 mark, and the BSE Sensex closed at 82,626 points.
Meanwhile, Asian markets showed mixed trends on Monday. Based on trends in Gift Nifty, experts suggest the domestic market is likely to open on a muted note.
In this situation, experts from firms like Choice Broking and Prabhudas Lilladher have advised keeping an eye on multiple stocks.
ALSO READ | Kwality Wall's starts trading on stock exchanges, opens higher after demerger
Bluestar: Bluestar's current share price stands at Rs 1,997. Its target price is Rs 2,130, and the stop loss is Rs 1,933.
Bajaj Finance: Experts have indicated a bullish reversal pattern in this finance company's stock. This stock's price is now Rs 1,025. Its target price is Rs 1,060, and stop loss is Rs 1,010.
Steel Authority of India Limited: Analysts have also indicated a consistent bullish pattern in this stock. This stock's price is Rs 159. Its target price is Rs 166 and the stop loss is Rs 154.
SBI Life: Market experts are also optimistic about this stock. This stock's price is now Rs 2,035. Its target price is Rs 2,100 and stop loss is Rs 1,980.
{News Ei Samay does not provide investment advice anywhere. Investment and trading in the stock market or any field involves risk. Proper study and expert advice are recommended beforehand. This news is published for educational purposes and awareness.}
