Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 14
Buy or sell stocks for today: Despite weak global market sentiments, key benchmark indices of the Indian stock market ended higher on Wednesday. NSE Nifty ended above 20,000 for the first time ever at 20,070 levels, logging an intraday gain of 76 points.
BSE Sensex gained 245 points and ended at 67,466 mark whereas Bank Nifty finished 398 points higher at 45,909 levels. Small-cap index outperformed Nifty even as the advance decline ratio rose sharply to 1.94:1.
Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that overall stock market sentiment has improved after closure of Nifty above 20,000 levels. Prabhudas Lilladher expert went on to add that broader markets also recovered significantly from the lows to bring relief to the market players and further upward move is anticipated.
On stocks to buy today, Vaishali Parekh of Prabhudas Lilladher recommended three intraday stocks for today and those day trading stocks are State Bank of India (SBI), Tourism Finance Corporation of India and Nocil. On outlook for Nifty today, Vaishali Parekh of Prabhudas Lilladher said, "Nifty once again maintained the 19950 zone and witnessed a decent gradual rise during the intraday session to close above the 20000 mark for the first time significantly improving the bias and sentiment anticipating for further rise in the coming days.
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