Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 5
Buy or sell stocks for today: Following weak global cues, Indian stock market went down for second straight session. Nifty 50 index went down 92 points and closed at 19,436 levels, BSE Sensex corrected 286 points and ended at 65,226 whereas Bank Nifty index lost 435 points and finished at 43,964 levels.
Broad market indices fell more than the Nifty even as the advance decline ratio fell sharply to 0.42:1. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that maket bias is cautious as some recovery was witnessed on Wednesday session.
Prabhudas Lilladher expert went on to add that Nifty 50 has taken support at 19,200 levels and Dalal Street mood would remain weak till it is trading below 19,600 levels. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today — Hindustan Unilever, West Coast Paper and KPI Green.
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