Expert Ruchit Jain of 5paisa Endorses Two Key Stocks: Unveiling Investment Opportunities in Today’s Market
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- The domestic benchmark indices, the Sensex and Nifty 50, started Tuesday’s trading session with modest gains, led by FMCG and PSU Bank stocks.
- The BSE Sensex opened higher by 77.76 points, or 0.11%, at the 73,973.30 level, while the Nifty 50 started off at the 22,489.75 level, up 47.10 points, or 0.21%.
- Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted the underperformance of the Indian market despite positive global cues.
Amid positive global cues, India’s Sensex and Nifty 50 indices open with modest gains. However, the market underperforms, raising concerns among investors.
Market Review and Outlook – Ruchit Jain
Ruchit Jain, Lead Research Analyst at 5paisa, noted that the Nifty 50 traded within a narrow range at the start of the week, but a lot of sector-specific momentum was seen on both sides of the trade. The market breadth was more in favor of declines, while the index ended below 22,450 with a marginal loss.
