Stock markets opened flat on Tuesday with both Snsex and Nifty indices showing minor gains during early trade.
The NSE Nifty 50 index gained 40 points to 24,360 points, while BSE Sensex also surged marginally with a gain of 180 points to 80,110 at the time of filing this report. Tuesday marks the second consecutive day when markets opened on a flat note.
“Markets are consolidating after making multiple, successive all-time highs, in the absence of any overarching trigger. This week, Fed Chair Powell’s testimony to the US Congress, US CPI and PPI data along with the start of the earnings season will be the market moving catalysts” said Ajay Bagga, Banking and Market Expert.
Buy CESC shares in the cash segment for a target price of Rs 178 with a stop loss at Rs 168
Buy Oil and Natural Gas Corporation (ONGC) futures for a target price of Rs 310 with a stop loss at Rs 295
Buy Jyothy Labs shares for a one-year target of Rs 600
Buy Gabriel India shares for a one-year target of Rs 625.
Buy Bharat Petroleum Corporation Ltd (BPCL) futures for a target of Rs 310 with a stop loss at Rs 295
Buy Affle India shares in the cash segment for a target price of Rs 1,420 with a stop loss at Rs 1,355
Buy Wipro shares for a target of Rs 557 with a stop loss at Rs 535
Buy IRCTC shares for a target of Rs 1,200 with a perspective of three months
Buy ICICI Prudential shares for a target of Rs 765 with a perspective of 12 months
Buy LT Foods shares for a target of Rs 270 with a stop loss at Rs 254
Buy KRBL shares for a target of Rs 324 with a stop loss at Rs 304
Buy Sumitomo Chemical India shares for a target of Rs 510 with a stop loss at Rs 490
Buy HCL Technologies shares for a target of Rs 1,560 with a stop loss at Rs 1,520
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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