ETMarkets.comIndian frontline indices ended with gains on Friday led by strong gains in rate sensitive sectors like banking & finance, auto and realty stocks.
The buying action was on account of the Reserve Bank of India (RBI) leaving the repo rate unchanged at 6.50%. The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.
Volatility was lower from Thursday closing as India VIX stood at 10.30 on Friday, down 5.57%.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Parag Shah, Technical Analyst at Nuvama told ETBureau
Birla Soft: Buy | Target: Rs 550 | Stop Loss: Rs 495 | Last Close: Rs 512.50
DFC AMC: Buy | Target: Rs 2915 | Stop Loss: Rs 2625 | Last Close: Rs 2726.15
DLF: Buy | Target: Rs 585 | Stop Loss: Rs 528.50 | Last Close: Rs 548.70
Expert: Kunal Bothra, Market Expert told ETNow
NBCC: Buy | Target Rs 66 | Stop Loss Rs 58
L&T Finance Holdings: Buy | Target Rs 150 | Stop Loss Rs 133
MRPL: Buy | Target Rs 106 | Stop Loss Rs 92
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
The buying action was on account of the Reserve Bank of India (RBI) leaving the repo rate unchanged at 6.50%. The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.
Volatility was lower from Thursday closing as India VIX stood at 10.30 on Friday, down 5.57%.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Parag Shah, Technical Analyst at Nuvama told ETBureau
Birla Soft: Buy | Target: Rs 550 | Stop Loss: Rs 495 | Last Close: Rs 512.50
Indian Hotels: Buy | Target: Rs 450 | Stop Loss: Rs 405 | Last Close: Rs 422.95
DFC AMC: Buy | Target: Rs 2915 | Stop Loss: Rs 2625 | Last Close: Rs 2726.15
DLF: Buy | Target: Rs 585 | Stop Loss: Rs 528.50 | Last Close: Rs 548.70
Expert: Kunal Bothra, Market Expert told ETNow
NBCC: Buy | Target Rs 66 | Stop Loss Rs 58
L&T Finance Holdings: Buy | Target Rs 150 | Stop Loss Rs 133
MRPL: Buy | Target Rs 106 | Stop Loss Rs 92
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Print Edition
Monday, 09 Oct, 2023
Monday, 09 Oct, 2023Experience Your Economic Times Newspaper, The Digital Way!
- Front Page
- Pure Politics
- Companies
- Brands & Companies
- Learn more about our print editionMore
Profitability ‘Biz’word for Indian Startups NowIf there was one buzzword that could be picked up at The Economic Times Startup Awards 2023, the flagship event to celebrate the spirit of entrepreneurship in the country, it was profitability.
Cricket Hottest Item on Restaurants’ MenuBars, restaurants, entertainment complexes, theaters, and delivery platforms are betting on the Cricket World Cup to give a big boost to their businesses even as social media users expressed surprise that the stadium was not full for India’s first match against Australia on Sunday.
Road Map in the Works to Ease Delhi, B’luru TrafficThe government is working on a multi-modal transport infrastructure plan to decongest roads in Bengaluru — ranks second in traffic congestion globally — and New Delhi, officials said.
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: Sensex Today Live, SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share PricePick the best stocks for yourself
Powered by 
Get Unlimited Access to The Economic Times 
