Sensex, Nifty set for a positive start on October 12 as GIFT Nifty points higher
Indian markets may open in the green on Monday, with Nifty futures up about 47 points at 22,649 in early trade, and analysts have named stocks to watch.
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The Indian stock market may open on a positive note today, October 12, according to estimates. GIFT Nifty has also signalled a rise for the market, suggesting investors could see a start in the green.
Asian markets opened mixed on Monday. Nifty futures were trading about 47 points above their previous close, at 22,649. This is being seen as a sign of a good start for Indian market indices.
The market had shown a recovery at the end of last week. The reasons cited were a fall in crude oil prices and positive news from companies.
Investors may keep an eye on several stocks today. These include HCL Technologies, ICICI Prudential Asset Management Company, RBL Bank, Anand Rathi Wealth, Poonawalla Fincorp, DMart, Baazar Style, Power Grid, Canara Robeco Asset Management Company, Canara HSBC Life Insurance, Waterways Leisure Tourism and PTC Industries.
Sumit Bagadia of Choice Broking has suggested five breakout stocks to buy today: RBL Bank, Birlasoft, Go Digit, LIC and Nykaa.
Bagadia has also advised buying five shares priced below Rs 100: NTPC Green, Jaiswal Neco Industries, Sagility, SBFC Finance and South Indian Bank.
Ganesh Dongre of Anand Rathi has picked three stocks for investors today: Bharti Airtel, ITC and PNB.
Some other market experts have recommended buying shares of Dabur, Lenskart Solutions, South Indian Bank, Radico Khaitan and RBL Bank.
Sachin Gupta, an analyst at Choice Broking, has also picked a few stocks today, including Glenmark Pharma, Go Digit and Karur Vysya Bank.
This information is based on the views of various analysts and experts. It would be advisable to consult a certified expert before taking any investment decision.
