Buy or sell stocks in Indian stock market today: After showing an excellent upside recovery from the lows on Thursday, the Indian stock market shifted into a range-bound action for the whole session on Friday and closed in the red territory. After climbing to a new all-time high of 22,297, the Nifty 50 index went off 4 points and closed at the 22,212 level, the BSE Sensex slipped 15 points and ended at the 73,142 mark while the Bank Nifty index lost 108 points and finished at 46,811 level.
Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that the Nifty 50 index went past the crucial 22,000 level decisively in the previous week. The Prabhudas Lilladher expert went on to add that overall Indian stock market sentiment is positive.
Bagadia advised a 'buy on dips' strategy till the 50-stock index is above the 21,800 mark. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — February 26 On stocks to buy today, Vaishali Parekh recommended three intraday trading stocks — Jai Corp, IDFC First Bank, and Happiest Minds Technologies.
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