Nifty set for gap-up start, analysts flag stocks to watch today
Nifty is signalling a gap-up opening after a strong Monday session, with analysts naming stocks for traders to watch.
September 22 could see a positive start for Indian stock markets, with the Nifty signalling a gap-up opening today, offering an opportunity for traders. In the previous session on Monday, key indices rallied sharply, with the Sensex surging 564 points while the Nifty extended its gains for a fourth straight session.
Against this backdrop, market experts have advised investors to watch a select set of stocks in today's trade. Vaishali Parekh, Vice President of Technical Research at brokerage Prabhudas Lilladher, has focused on three stocks: Eternal, Urban Company and RainIndustries. Besides these three, investors may also watch Pine Labs, Waaree Energies, Motilal Oswal Financial Services, GK Energy, Transrail Lighting, Garden Reach Shipbuilders and Engineers (GRSE), Uflex, Reliable Data Services, Neogen Chemicals, Purple Style Labs, Pace Digitech, Lloyds Metals and Energy, and Onward Technologies.
Sumeet Bagadia, Executive Director at Choice Broking, has also picked five stocks to buy today. His list includes Kaynes Technology, Great Eastern Shipping Company, NTPC Green Energy, Eternal and Aavas Financiers. Eternal features on the lists of both experts, Vaishali Parekh and Sumeet Bagadia.
The information on the stocks above is based on the views of individual analysts and experts. Investors are advised to independently consult certified experts regarding these stocks before making any investment decision.