3 big return share in 14 days
3 big return share in 14 days

The share market on October 17 has shown signs of recovery after three consecutive days of decline. The Sensex exhibits a surge of over 300 points, and the Nifty too is trading above the 19,800 mark. Amidst this rebound, certain stocks present viable short-term buying opportunities.

The well-regarded brokerage firm, ICICI Direct, has provided investment advice on three stocks with a 14-day perspective. These stocks include National Fertilizer Limited (NFL), Shyam Metallics, and IRCON.

Investment Details:

  • NFL Stock
    • Buying Range: Rs. 74-76
    • Target: Rs. 82
    • Stoploss: Rs. 71.5
    • Timeframe: 14 days

  • Shyam Metallics Stock
    • Buying Range: Rs. 455-465
    • Target: Rs. 499
    • Stoploss: Rs. 444
    • Timeframe: 14 days

  • IRCON Stock
    • Buying Range: Rs. 151-154
    • Target: Rs. 166
    • Stoploss: Rs. 144
    • Timeframe: 14 days

Market Rebound on October 17:
The stock market opened on a positive note on Tuesday, October 17, likely influenced by robust global indicators. The primary indices are trading in the green, with the BSE Sensex rising by 350 points and nearing the 66,500 level. Furthermore, the Nifty has comfortably crossed the 19,800 mark with a gain of 100 points. This upswing comes after the Sensex had closed at 66,166 the previous Monday, marking its third consecutive day of drop. Leading the market’s robust performance today are Powergrid and HDFC Life, both showcasing significant gains.

Investors are advised to be diligent and research thoroughly before making any investment decisions.