Day trading guide for today: Six stocks to buy or sell on Friday — 6th October
Day trading guide for today: After losing on two days in a row, Indian stock market ended higher on Thursday. All three key benchmark indices witnessed significant recovery, however in broad market, mid-cap index ended marginaly lower.
Nifty 50 index gained 109 points and closed at 19,545 levels, BSE Sensex finished 405 points higher at 65,631 mark while Nifty Bank index ended 249 points higher at 44,213 levels. "Indian equities saw a relief rally following its global peers and healthy domestic service PMI data.
Nifty opened a gap-up and remained in positive territory throughout the session to close with gains of 110 points (+0.6%) at 19546 levels. Sectorially it was a mixed bag with buying seen in Auto, IT, and Consumer Durables.
Markets saw a recovery after two days of fall amid stability in global indices following ease in US Bond yields and a fall in crude oil prices from their recent highs. Though the market bounced back today, uncertainty persists which would keep the Nifty range bound," said Siddhartha Khemka, Head - Retail Research at Motilal Oswal.
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