Stocks to buy or sell: The domestic benchmark indices, Nifty 50 and Sensex, began the week on a slightly positive note on Monday, with a nearly flat opening, though the overall sentiment remains under pressure.
The Nifty 50 index started at 24,045.80 points, rising by 41.05 points or 0.17%, while Sensex also opened higher, gaining 58.54 points or 0.07% to reach 79,281.65 points.
Analysts indicated that the earnings season this week could bring some volatility, but hopes are tempered due to lackluster earnings similar to those in Q2. Market attention will mainly focus on Trump's policy choices and the upcoming Union Budget.
The Indian stock market indices closed lower after Friday's market session as investors booked their profits amid a strengthening dollar and weak global cues. The Nifty 50 index closed 0.76 per cent lower at 24,004.75 points, compared to 24,188.65 points at the previous market close.
The BSE Sensex index closed 0.90 per cent lower at 79,223.11 points on Friday, compared to 79,943.71 points at the previous market close.
Vinod Nair, Head of Research at Geojit Financial Services, noted that this year, 2025, is expected to face multiple challenges like elevated valuations, reduced liquidity, and slower earnings growth. Yet considering all these factors, the Indian stock market remains a lookout for investors.
“However, the stock market remains a viable investment opportunity, underpinned by the robust performance of the economy,” said Nair.
1. Hindustan Aeronautics Ltd. (HAL): Buy at ₹4,120 - ₹4,210; Target at ₹4,685; Stop Loss at ₹3,914.
2. JK Cement Ltd. (JKCEMENT): Buy at ₹4,660 - ₹4,742; Target at ₹5,330; Stop Loss at ₹4,428.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
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