Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 28
Buy or sell stocks for today: Following strong global market sentiments, Indian stock market extended its rally for fourth straight session on Wednesday. Nifty 50 index touched a new high of 21,675 and hit its highest-ever closing levels of 21,654. BSE Sensex surged around 1 per cent and closed at 72,038 levels while Bank Nifty index gained 1.17 per cent and closed at 48,282 mark after touching a new peak of 48,347 levels.
Broad market indices rose less than the Nifty even as the advance-decline ratio after falling managed to remain in the positive at 1.07:1. Also Read: Azad Engg IPO listing date today. GMP, experts see over 50% gain for allottees Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that stock market trend is bullish and anticipated further rise in Indian indices.
Prabhudas Lilladher expert went on to add that pull back in key benchmark indices could become possible as frontline stocks have started participating in it. Vaishali Parekh went on to add that some frontline stocks like HDFC Bank, SBI, AXIS Bank and Kotak Bank are looking good and it can further fuel key benchmark indices in near term. Also Read: Shares of National Aluminium, RBL Bank placed under F&O ban list on Thursday On stocks to buy today, Vaishali Parekh recommended three intraday stocks for today — LIC Housing Finance, VRL Logistics and Zen Tech.
Read more on livemint.com
