Buy or sell: Vaishali Parekh recommends three stocks to buy today — August 14

livemint.com:

Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex dropped nearly one per cent in the previous session, dragged by a broad sell-off in banking, auto, and metal stocks. The frontline indices extended their losses to the third straight session on Tuesday amid ongoing foreign fund outflows and mixed global market trends. The 30-share BSE Sensex tumbled 692.89 points or 0.87 per cent to settle at 78,956.03.

During the day, it tanked 759.54 points or 0.95 per cent to 78,889.38. The NSE Nifty slumped 208 points or 0.85 per cent to 24,139. Broader markets were also weak as the Nifty Midcap index was down 0.8 per cent, and the Nifty Smallcap index was down 1.5 per cent.

Also Read: Stocks to buy: Muthoot Finance to Uno Minda—SMC Global Securities lists four stocks to bet on amid volatility Investors became poorer by ₹4.52 lakh crore, and the market capitalisation of BSE-listed firms declined by ₹4,52,565.44 crore to ₹4,45,30,265.42 crore ($5.30 trillion). HDFC Bank, the top private lender and the heaviest stock in the Nifty 50 fell by 3.4 per cent, leading to losses on the index. Global indexes provider MSCI raised the proportion of HDFC Bank's shares available for purchase by overseas investors but said the changes will come into effect in two stages, in August and in November, contrary to D-Street's expectations of one move in this month.