The sentiment of the stock market is positive. There has been a continuous bullish trend since the last three trading sessions. Yesterday, Nifty closed at 25776, up 48 points. The main question today is whether the market will be able to continue its rise for the fourth consecutive day? SGX Nifty is down 20 points, indicating a flat or slight decline in the market. Find out which stocks have been picked by analysts Neha Anand and Pooja Tripathi in Zee Business’ special program Traders Diary.
A major positive trigger for the market is the reduction in selling by foreign investors. Yesterday, they made modest purchases worth ₹30 crore in the cash market, while domestic institutional investors (DIIs) bought shares worth ₹249 crore. IT stocks saw massive selloff yesterday due to Anthropic’s new AI tool. The IT index fell nearly 6%, the biggest decline in six years. Talking about the global market, Dow Jones rose by 260 points, while Nasdaq recorded a decline of 350 points.
Neha Anand’s shares
cash
JSW Cement – Target 125, Stop Loss 112
futures
CDSL – Target 1395, Stop Loss 1350
options
Lupine 2200 Call @ 66.85 – Target 120, Stop Loss 45
techno
Bank of Baroda – Target 298, Stop Loss 287
funda
HDFC AMC – Target Rs 3000, Tenure 6–8 months
investment pick
Power Make Projects – Target 2750, Duration 1 Year
News
Carisil – Target 1055, Stop Loss 1013
my choice
ONGC – Target 290, Stop Loss 255
Tube Investments – Target 2800, Stop Loss 2580
NMDC – Target 92, Stop Loss 81
my best choice
Power Make Projects – Target 2750, Duration 1 Year
Pooja Tripathi’s shares
cash
REN (Madras) – Target 788, Stop Loss 765
future
Tata Power – Sell, Target 363, Stop Loss 374
options
Indigo 4950 Put @ 106 – Target 180, Stop Loss 84
techno
CCL Products – Target 1025, Stop Loss 990
funda
Metropolis – Target 2100, Duration 12 Months
invest
PVR Inox – Target 1200, Duration 12 months
News
Vari Energies – Target 3170, Stop Loss 3070
my choice
Kalpataru Projects – Target 1156, Stop Loss 1122
Nugen Software – Target 570, Stop Loss 553
Apollo Tires – Target 524, Stop Loss 508
my best choice
Metropolis – Target 2100, Duration 12 Months