Share market: With global markets signaling positivity, the domestic stock market kickstarted robustly this Thursday. The Nifty, on its weekly expiry day, opened with a gain of 79.80 points, or 0.41%, at 19,515.90. Meanwhile, the Sensex too commenced on a positive note, surging by 300.31 points, or 0.46%, to reach 65,526.35. The Nifty Bank also opened with a promising increment of 205.85 points, or 0.47%, marking its position at 44,169.90.
Talking about the stocks that showed a bullish trend in the early trades on Thursday, BPCL, Asian Paints, Hero MotoCorp, Tata Motors, and TCS stood out as the top gainers. On the contrary, shares of Divi’s Labs, Power Grid, Axis Bank, Nestle India, and ONGC experienced a somewhat sluggish start.
Expert Stock Picks:
Prakash Gaba’s Recommended Share:
- Stock: HCL Technologies
- Advice: Buy
- Target: ₹1260-1270 per share
- Stop Loss: ₹1226 per share
Manas Jaiswal’s Top Picks:
- Stock: Escorts Kubota
- Advice: Buy
- Target: ₹3300 per share
- Stop Loss: ₹3129 per share
(Note: The same recommendation by Manas Jaiswal for Escorts Kubota seems to have been repeated, so we’ve mentioned it once.)
Sachidanand Uttekar’s Choice:
- Stock: InterGlobe Aviation (Futures)
- Advice: Buy
- Target: ₹2520 per share
- Stop Loss: ₹2380 per share
These expert-backed shares can potentially lead to profitable investments, however, investors are always advised to conduct their own research and due diligence before making any decisions.
New Source: CNBCTV