Indian market expected to consolidate following weak global cues. Nifty futures closed down at 22731 levels. Options data indicates a trading range of 22500 to 23000. Experts recommend buying Jubilant FoodWorks, Torrent Pharma, Hindalco, Dr. Reddy s Labs, Asian Paints, and Exide Industries with specified targets and stop losses.
Indian market likely to trade lower on Wednesday with Nifty future closing negative at 22,925 levels. India VIX up by 4.36%. Options data suggests broader trading range between 22,500 to 23,300 zones.
Options data suggests broader range of 22500-23500 for Nifty50.. Stocks for short-term trading are: RIL, SBI, NTPC, IndusInd Bank, PNB, Jubilant FoodWorks.
Indian market poised for gains following global optimism. Nifty futures up marginally, VIX down. Analysts foresee support at 22500, targets at 22730 and 22810. Experts recommend buying BEL, CIE Automotive India, IRB Infrastructure, Hindustan Unilever, and M&M Financial.
Indian market likely to consolidate on Tuesday tracking muted global cues. India VIX indicates positive sentiment. Chandan Taparia from Motilal Oswal Financial Services Limited predicts a trading range of 22000 to 23000 for Nifty. Stocks recommended for short-term trading include IRCTC, MCX, Zydus Life, Coal India, NALCO, IEX, Axis Bank, and Aurobindo Pharma.