Best stocks to buy today—4 April, recommended by Raja Venkatraman
Subscribe to enjoy similar stories. India’s stock markets have managed to stabilise from lower levels as the scare created by US President Donald Trump’s reciprocal tariffs seemed to be receding. A stock-specific action continued to dominate the proceedings as Indian markets attempted to decode the impact created by the global cues.
Today’s stock picks are from banking, financial and industrial sectors. Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Friday, 4 April. •ANGEL ONE: Buy above: ₹2,470 | Stop: ₹2,430 | Target: ₹2,590-2,675 •CREDITACC: Buy above: ₹1,025 | Stop: ₹995 | Target: ₹1,095-1,100 •POLYPLEX: Buy CMP and on dips: ₹1,211 | Stop: ₹1,200 | Target: ₹1,325-1,350 The benchmark Sensex and Nifty 50 indices witnessed a decline on Thursday, weighed by a substantial selloff across sectors such as IT, auto, metals, and oil & gas following the US’ decision to impose a 26% reciprocal tariff on Indian goods.
However, gains in banking, pharmaceutical, and broader market segments offered some respite, cushioning the overall downturn. The Sensex closed 322.08 points lower, marking a 0.42% drop, to settle at 76,295.36 points, while the NSE Nifty ended at 23,250.10, losing 82.25 points or 0.35%. The market breadth remained upbeat, with 2,463 stocks advancing, 1,033 declining, and 102 staying unchanged.
Despite the weakness in large-cap indices, the broader markets outperformed. Both the Nifty Midcap 100 and Smallcap 100 indices climbed nearly 0.5%, demonstrating resilience amid the broader decline. Moving to the charts, we note that the trends have been largely oriented towards trading rather than investing.
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