Buy or sell: Vaishali Parekh recommends buying these 3 stocks today - 6 September

livemint.com:

macroeconomic data, domestic benchmark equity indices ended in green for a third session in a row. The 30-share BSE Sensex ended higher by 152.12 points or 0.23% 65,780.26 level while the Nifty also closed at 19,574.90 level, up 46.10 points or 0.24%. India’s services activity continued to expand in August, but at a slower pace than in July.

The services purchasing managers' index (PMI) fell to 60.1 in August from 62.3 recorded in July, according to data released by S&P Global on Tuesday. Mid-caps and small-caps outperformed the blue-chips setting new highs. The Nifty Midcap 100 index gained a percent to hit an all-time high, riding past 40,000-mark on Tuesday led by a strong bullish momentum in midcap stocks.

Nifty PSU Bank index hit a record high of 4,722, up 1%. Nifty media which jumped 3.19% followed by Nifty healthcare that rose 1.55%, Nifty Pharma that gained 1.10%, and Nifty Realty which rose 1.06%. Nifty FMCG, Nifty IT, Nifty Media, and Nifty Metal gained 0.5% to 0.7%, while Nifty Bank (down 0.10%), Nifty Auto (down 0.01%), and Nifty Financial Services (down 0.17%).

Also Read: Market Wrap: Sensex, Nifty extend rally for third straight session; small, midcaps outperform However, foreign institutional investors (FIIs) extended their selling spree and offloaded ₹1,725.11 crores, while domestic institutional investors (DIIs) remained buyers for the 13th straight session and invested ₹1,077.86 crores. "Domestic equities closed positively for the third consecutive day led by optimistic domestic cues. Services PMI data came in strong at 60.1 for the month of August, boosting sentiments.