Indian stock market continues to soar with Nifty 50 and Sensex hitting lifetime highs, but profit booking and weak global cues lead to a slight dip. Investors are eagerly awaiting US inflation data and FOMC’s minutes for further cues. Expert Ganesh Dongre recommends day trading stocks Balrampur Chini Mills, Bharat Electronics Ltd (BEL), and Infosys. Nifty’s support level is at 22,500-22,550 with resistance at 22,900-23,000. Profit booking is possible as Nifty is in overbought territory. Balrampur Chini Mills, BEL, and Infosys are recommended buys with specific targets and stop losses. Traders are advised to consult with experts before making any investment decisions.
Expert from Anand Rathi recommends three stocks to buy today: Infosys, BEL, and Day Trading
Date: