Expert Anand Rathi Recommends Three High-Potential Stocks for Day Trading: Uncover the Top Picks
- The Indian stock market ended lower on Friday despite strong global market sentiments.
- The Nifty 50 index and the BSE Sensex both dropped from their lifetime highs due to profit booking.
- Anand Rathi’s Senior Manager of Technical Research, Ganesh Dongre, has recommended three stocks to buy today: Sun Pharma, BHEL, and IOC.
Despite strong global market sentiments, the Indian stock market ended lower on Friday due to profit booking. Anand Rathi’s Senior Manager of Technical Research, Ganesh Dongre, has recommended three stocks to buy today: Sun Pharma, BHEL, and IOC.
Indian Stock Market Performance
The Indian stock market ended lower on Friday, primarily due to profit booking after the indices reached new peaks earlier in the day. The Nifty 50 index ended 172 points lower after reaching a new peak of 22,794, and the BSE Sensex dropped 732 points from its lifetime high of 75,124. The Bank Nifty index also saw a significant decline of 307 points, closing at 48,923. In the broader market, the small-cap index finished 0.55 per cent lower after reaching a new peak of 47,678, and the mid-cap index ended 0.21 per cent lower after touching a new high of 42,774.
