Stock market benchmark indices Sensex and Nifty crashed nearly 3 per cent on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy.
The 30-share BSE Sensex plummeted 2,222.55 points or 2.74 per cent to settle at over a month’s low of 78,759.40, marking its worst single-day retreat since June 4, 2024. During the day, it tanked 2,686.09 points or 3.31 per cent to 78,295.86.
Buy V-Mart Retail shares in the cash segment for a target of Rs 3,325 with a stop loss at Rs 3,200
Buy ONGC futures for a target of Rs 320 with a stop loss at Rs 304
Buy the Rs 710 call option of HDFL Life at RS 19.6 for a target of Rs 32 with a stop loss at Rs 13
Fundamental pick: Buy Indraprastha Medical Corporation shares for a target of Rs 300 with a perspective of one year
Investment idea: Buy Tata Consumer Products shares for a one-year target of Rs 1,400
News-based pick: Buy BLS International shares for a target of Rs 360 with a stop loss at Rs 342
Buy Lupin futures for a target of Rs 2,018 with a stop loss at Rs 1,935
Buy Triveni Turbine shares for a target of Rs 612 with a stop loss at Rs 588
Buy Schneider Electric shares for a target of Rs 765 with a stop loss at Rs 735
Buy Sandur Manganese shares in the cash segment for a target of Rs 560 with a stop loss at Rs 535
Buy CONCOR futures for a target of Rs 1,010 with a stop loss at Rs 970
Buy the 290 call option of Bharat Electronics Ltd (BEL) for a target of Rs 15 with a stop loss at Rs 10
Technical pick: Buy SAIL shares for a target of Rs 141 with a stop loss at Rs 134.80
Fundamental pick: Buy United Breweries Ltd (UBL) shares for a six-month target of Rs 2,186
Investment idea: Buy Punjab National Bank shares for a target of Rs 138 from a perspective of 12 months
News-based pick: Buy Updater Services shares for a target of Rs 323 with a stop loss at Rs 305
(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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