Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 17

livemint.com:

Buy or sell stocks for today: Indian stock market declined for third straight session on Monday. Nifty 50 index lost 19 points and closed at 19,731 levels, BSE Sensex shed 115 points and closed at 66,166 mark while Bank Nifty index finished 62 points lower at 44,225 levels. In broad market, mid-cap and small-cap stocks managed to buck the trend and witnessed some bargain hunting ahead of festival driven demand.

Advancing shares outnumbered the declining shares for the fourth day on the trot as advance decline ratio stood at 1.18 levels on BSE. NSE Cash market volumes were lower as compared to recent averages. Amongst the sectors, Nifty Metal, Consumer durables and Nifty PSU Banks were major gainers while Pharma, Healthcare and Reality were major losers.

Global markets today: US stocks rise, yields up, oil falls Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that Nifty needs to maintain its support at 19,600 and for further upside, the 50-stock index must breach its hurdle placed at 19,850 mark. Prabhudas Lilladher expert maintained that broad market is performing well and with results season going on, market is expected to remain volatile. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today and those day trading stocks are ABB India, CIE Automotive India and Mazagon Dock.