Buy or sell stocks for today: Selling pressure in pharma and IT sector stocks continue to dent bulls' attempt to outperform bears and Indian stock market ended mixed on Thursday. Nifty 50 index ended 9 points lower at 19,802 levels while BSE Sensex lost 5 points and closed at 66,017 mark.
Nifty Bank index finished 127 points up at 43,577 levels. Among the sectors, Realty sector gained over 1 per cent while from the Energy space, OMC's stocks demonstrated signs of strength.
The Auto sector remained in a range but 2-wheeler stocks were seen strengthening their uptrend. Also Read: Dividend stocks: PFC, Manappuram Finance, 15 others to trade ex-dividend today Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that overall bias on Dalal Street is positive till Nifty is oscillating around its 19,850 hurdle.
However, Prabhudas Lilladher expert maintained that Nifty 50 index needs to breach 19,850 hurdle for fresh bull trend in Indian stock market. On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today — Balkrishna Industries, Indo Count Industries Ltd or ICIL and Deepak Nitrite.
Also Read: F&O Ban List: HPCL, India Cements, 7 others placed under futures & options ban for Nov 24 On outlook for Nifty today, Vaishali Parekh said, "Nifty 50 continue to oscillate between the tight range of 19,800 to 19,850 zone witnessing a consolidation phase for quite some time and with overall bias maintained positive is anticipating for a decent breakout above 19,850 zone. The index has maintained the stability with 19,650 zone as the near-term support zone in the last few sessions and would need a decisive breach above 19,850 levels." "Bank Nifty also is witnessing a sluggish
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