Muhurat Trading Picks 2023 by Top Stock Brokers stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
The NSE Nifty 50 index settled 0.42% lower at 19,443, while the S&P BSE Sensex fell 0.50% to 64,933 on Monday. That was after they rose about 0.5% each to three-week highs in the special one-hour muhurat trading session on Sunday.
“A company which could grow very aggressively over the next two years and has significant re-rating potential, is VA Tech Wabag which has been doing very well in terms of profitability, growth, margin improvement, cash flow generation and the balance sheet is now totally cleaned up and debt free. ”
Analysts say in Samvat 2080, India will continue to shine and expect markets to maintain its outperformance. Sectors like BFSI, discretionary consumption, and construction & real estate are expected to do well
The near-term trend of Nifty continues to be positive. Having placed at the crucial overhead resistance around 19,550-19,600 levels, there is a possibility of some more consolidation or minor weakness in the short term before showing any decisive upside breakout of the resistance. Further weakness from here could find support around 19,300-19,250 levels, said Nagaraj Shetti of HDFC Securities.