Stock Market Update: Nifty 50 and Sensex Close Flat, Breakout Stocks to Watch
Get the latest update on the Indian stock market with the Nifty 50 and Sensex closing flat. Learn about breakout stocks and expert recommendations for intraday trading.
Stock Market Update: Nifty 50 and Sensex
The Nifty 50 and Sensex closed Tuesday's trading session on a flat note amidst a range-bound market. The Nifty 50 ended at 24,355, marking a slight rise of 0.03%, while the Sensex edged up 0.09% to settle at 80,288 points.
Expert Recommendations
Sumit Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is cautious to positive. He recommends maintaining a stock-specific approach and looking at stocks that are strong on the technical chart.
Breakout Stocks to Watch
- Aspinwall and Company: Buy at ₹284.75, Target ₹305, Stop Loss ₹275
- Data Patterns (India): Buy at ₹2556.90, Target ₹2750, Stop Loss ₹2460
- Sarla Performance Fibers: Buy at ₹107.60, Target ₹115, Stop Loss ₹103.50
- Kilitch Drugs (India): Buy at ₹400.90, Target ₹430, Stop Loss ₹385
- Gillanders Arbuthnot & Co: Buy at ₹117.46, Target ₹125, Stop Loss ₹113
Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. Investors are advised to consult with certified experts before making any investment decisions as market conditions can change rapidly.