The market has been closing with a decline for the last three sessions. On Wednesday, Nifty fell 41 points and closed at 25818. SGX Nifty is down 22 points, indicating a possible negative start for the market today. Profit booking was also seen in US markets. The US market was under pressure due to the decline in AI stocks. The Dow Jones fell 228 points and the Nasdaq fell 418 points. Technically, Nifty is getting support in the range of 25700-25650 and resistance in the range of 25950-26000.
Talking about the factors influencing the market, FIIs have bought in the cash market after 14 consecutive days of selling. Yesterday, they bought shares worth ₹1171 crore in the cash market, while DIIs bought shares worth ₹768 crore. Rupee saw a strong recovery of 65 paise and closed at 90.38. A strong rupee and buying by foreign investors are likely to boost market sentiment. Know which stocks were selected today in Zee Business’ special program Traders Diary.
shares of ansh bhilwad
cash
Buy Avanti Feeds – Target ₹900, Stop Loss ₹832
futures
Sell Hero MotoCorp Futures – Target ₹5600, Stop Loss ₹5937
options
Buy Eicher Motors 7200 calls – target ₹150, stop loss ₹10
techno
Buy Patanjali – Target ₹568, Stop Loss ₹531
funda
Buy NTPC – Target ₹338, Stop Loss ₹314
invest
Buy SBI – Target ₹1060, Stop Loss ₹934
News
Buy Titagarh Rail Systems – Target ₹800, Stop Loss ₹762
my choice
Buy Bank of Baroda – Target ₹298, Stop Loss ₹283
Buy Canara Bank – Target ₹155, Stop Loss ₹148
Buy Bank of India – Target ₹148, Stop Loss ₹139
my best
Hero MotoCorp (Short Futures) – Target ₹5600, Stop Loss ₹5937
Pooja Tripathi’s shares
cash
Buy Antony West – Target ₹443, Stop Loss ₹430
future
Buy Shriram Finance – Target ₹895, Stop Loss ₹855
options
Buy PB Fintech Put 1760 @ ₹35.2 – Target ₹60, Stop Loss ₹32
techno
Buy City Union Bank – Target ₹280, Stop Loss ₹271
funda
Buy Hindustan Zinc – Target ₹650, Stop Loss ₹563
invest
Buy L&T Finance – Target ₹345, Tenure 12 months
News
Buy GE Vernova T&D India – Target ₹3029, Stop Loss ₹2940
my choice
Buy GMR Power – Target ₹118, Stop Loss ₹112
Buy Tata Motors – Target ₹393, Stop Loss ₹382
Buy IGL – Target ₹195, Stop Loss ₹190
best pick
Tata Motors – Target ₹393, Stop Loss ₹382