Stock market opens in green with Sensex 200 points up, Nifty atop 22,400
Mumbai/IBNS: The Indian benchmark indices opened in the green on Wednesday (Apr 24) following global cues.
At the opening bell, Nifty was up 40.05 points (0.18 percent) at 22,408.05 and Sensex was up 219.12 points (0.30 percent) at 73,957.57. About 1,716 shares advanced, 407 shares declined, and 98 shares remained unchanged.
Some major gainers on Nifty 50 were Cipla, Nestle India, Axis Bank, UltraTech Cement, and Adani Ports, while Tata Consumer Products, HDFC Life, IndusInd Bank, SBI Life and Infosys were among the top drags.
Meanwhile, Axis Bank, JSW Steel, UltraTech Cement, Tata Steel, and Nestle India were the top gainers on Sensex, while IndusInd Bank, Infosys, Mahindra & Mahindra, Hindustan Unilever, and ITC were among the biggest drags.
On Apr 23 (Tuesday), the NSE Nifty closed at 22,368, up 32 points (0.14 percent), while the BSE Sensex settled the day at 73,738, up 89 points (0.12 percent).
Six top stocks to buy or sell today (Apr 24) as recommended by market experts:
1. Sudarshan Chemical Industries: Buy at ₹717.05 with a stop loss of ₹688 at a target price of ₹755.
2. Chambal Fertilizers & Chemicals: Buy at ₹380.40 with a stop loss of ₹367 at a target price of ₹406.
3. Rail Vikas Nigam Ltd (RVNL): Buy at ₹277.35 at a target price of ₹292 with a stop loss of ₹271.
4. Parag Milk Foods: Buy at ₹221 at a target price of ₹237 with a stop loss of ₹215
5. GMR Airports Infrastructure: Buy at ₹82.35 at a target price of ₹87 with a stop loss of ₹80.50.
6. Mahindra Holiday & Resorts India Ltd (MHRIL): Buy at ₹418-419 at a target price of ₹432 with a stop loss of ₹410.
Disclaimer: These recommendations are entirely made by stock market analysts and broking companies, and not by India Blooms or its reporters/writers. We advise investors to check with certified experts before making investments.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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