Today is the last trading session of the week, and the market sentiment is weak. On Thursday, Nifty fell 146 points and closed at 25,807. SGX Nifty is down by more than 140 points, indicating a big gap-down opening for the market today. Global markets are also showing signs of weakness. As part of TRADERS DIARY, Zee Business’ special programme, find out which stocks have been picked by analysts Ansh Bhilwad and Neha Anand in this weak market. The technical setup of the market has again become weak. Global concerns are looming regarding AI. First, what impact it will have, and whether large investments in AI will yield profits. Heavy selling is taking place in Indian IT companies. Infosys’ ADRs have fallen 10% to a five-and-a-half-year low. Wipro fell 5% to 27-month low.
Today’s top question?
Why is there chaos in the US market?
How far will we fall due to US market panic?
Are we afraid of Friday the 13th, Black Friday?
What should we do if Nifty opens 150 points lower?
There is no certainty that Nifty will cross 26,000?
Will Bank Nifty be able to stop the big fall?
What are the signs of recession in FII and DII?
Is the story of IT stocks over?
Why will metal stocks fall today?
Based on the results, who is ‘Today’s Hero’ and ‘Today’s Accident’?
Fear of AI in global markets
Not only India, but also the US market is falling due to the fear of AI.
Two big concerns about AI around the world:
First, is there too much investment in AI?
Will AI generate revenue after investing so much money?
Second, will AI be a threat to traditional business?
It turns out that neither the AI has made any money, nor has the old business suffered any loss.
This fear dominates the markets around the world.
This fear is even greater for Indian companies. Because the rise of AI poses the biggest threat to our IT companies.
Now there are fears that the threat of AI will spread to businesses like online insurance and wealth management.
shares of ansh bhilwad
cash
Godrej Agrovet – Buy, Target 700, Stop Loss 600
futures
HUDCO – Buy, Target 214, Stop Loss 196
options
Voltas 1500 Call – Buy, Target 100, Stop Loss 25
techno
Bell – Buy, Target 460, Stop Loss 437
funda
Indian Hotels – Buy, target 754, stop loss 690
invest
LT Foods – Buy, Target 480, Stop Loss 404
News
PI Industries – Sell, Target 3044, Stop Loss 3236
my choice
Bajaj Finance – Buy, Target 1050, Stop Loss 978
MCX – Buy, Target 2554, Stop Loss 2387
Naveen Fluorine – Buy, Target 6900, Stop Loss 6443
MY BEST
PI Industries – Sell/Top Pick
Neha Anand’s shares
CASH
Banco Products – Buy, Target 720, Stop Loss 680
futures
Max Financial – Buy, Target 1886, Stop Loss 1777
OPTIONS
Cummins India 4500 Call – Buy, Target 120, Stop Loss 35
TECHNO
Schneider Electric – Buy, target 900, stop loss 740
FUNDA
Lumax Auto – Buy, Target 2000, Stop Loss 1685
INVEST
Engineers India – Buy, target 250 (1 year), stop loss 160
NEWS
HAL – Buy, Target 4400, Stop Loss 4054
MY CHOICE
Muthoot Finance – Buy, Target 4235, Stop Loss 3998
Bharat Forge – Buy, Target 1850, Stop Loss 1673
Manappuram Finance – Buy, Target 321, Stop Loss 303
my best choice
Engineers India – Buy, Target 250 (1 year), Stop Loss 160
