Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 21

livemint.com:

Also Read: Stock market today: Sensex, Nifty 50 end in green in the second special trading session; all sectoral indices shine Two special live trading sessions were held on Saturday, May 18, for the domestic benchmark indices. First, from 9:15 IST to 10 IST, from a primary site; second, from 11:30 IST to 12:30 IST, from a site dubbed the disaster's recovery site. According to Arvinder Singh Nanda, Senior Vice President of Master Capital Services Ltd., the benchmark indices had a strong run and made up for the losses from the previous week.

At the end of the week, the Nifty 50 and BSE Sensex were up 2.03% and 1.85%, respectively. The Nifty 50 returned to above 22,500, but the Sensex closed the week above 74,000. Key national and international economic indicators will influence the forecast for the market.

The Manufacturing and Services PMI for India, the UK CPI Inflation Data, the US Initial Jobless Claims data, the S&P Global Manufacturing PMI, and the Q4 results are among the data that will propel the market. Also Read: Oil prices rise after Iran president's death, brent crude at $84.24/bbl According to Parekh, Nifty 50 witnessed resistance near the 22,500 zone during the special session of the market, with the broader markets showing active participation and gaining momentum. As mentioned earlier, the index would have near-term support in the 22,300 zone, while on the upside, we anticipate further moves ahead to 22,600–22,900 levels in the coming days.