Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 9
Buy or sell stocks for today: Following strong global cues on ease in US dollar index, Indian stock market ended higher on second day in a row on Friday last week. Nifty 50 index gained 107 points and closed at 19,653 levels, BSE Sensex shot up 364 points and ended at 65,995 mark whereas Bank Nifty index finished 147 points higher at 44,360 levels.
In broad market, small-cap index small-cap index advanced 0.56 per cent while mid-cap index shot up 0.66 per cent in previous session. Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that Dalal Street sentiments have improved after participatory rally on Friday.
Prabhudas Lilladher expert went on to add that for fresh set of uptrend, Nifty 50 needs to breach the hurdle placed at 19,850 on closing basis. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today and those day trading stocks are City Union Bank or CUB, Trident and TAJ GVK Hotels and Resorts.
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