Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 15
Buy or sell stocks for today: Following strong global market sentiments, Indian stock market ended higher on Thursday. NSE Nifty climbed to a new peak of 20,167 during Thursday deals and finally ended at 20,103 levels. BSE Sensex too hit a new peak of 67,771 whereas Nifty Bank index inched close to its life-time high of 46,369.
However, broad market outperformed key benckmark indices as small-cap index shot up 1.15 per cent while mid-cap index surged 1.02 per cent. Advance decline ratio rose to 2.70:1. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that NNifty today is consolidating around ₹20,100 levels.
Prabhudas Lilladher expert went on to add that Nifty may go up to 20,300 levels in near term as rally in broad markt is supporting the 50-stock index. On stocks to buy today, Vaishali Parekh of Prabhudas Lilladher recommended three intraday stocks for today and those day trading stocks are BHEL, Bank of Maharashtra and VIP Industries. On outlook for Nifty today, Vaishali Parekh said, "Nifty recorded new high in the morning session near 20,160 zone and thereafter finding consolidation near 20,100 ended the day on a positive note slowly inching towards our target of 20,300 zone.
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