Day trading guide for today: Six stocks to buy or sell on Wednesday — October 11
Day trading guide for today: On account of strong global market sentiments, Indian stock market ended higher on Tuesday. Nifty 50 index finished 177 points higher at 19,689 levels, BSE Sensex shot up 566 points and closed at 66,079 mark whereas Bank Nifty index ended 473 points north at 44,360 levels.
In broad market, small-cap index surged 1.26 per cent while mid-cap index shot up 1.14 per cent. "Domestic equities witnessed relief rally today after the previous session’s selloff, as the sentiments turn positive globally and the US bond yields cools off by 15bps.
The global markets shed the concern over the conflict between Israel-Palestine and witnessed healthy recovery. Nifty opened positive and strengthened throughout the session to end near day’s high at 19690 levels with gains of 178 points (+0.9%).
Broader market outshined with Midcap100/Smallcap100 up 1.4%/1.2%. Except Healthcare, all other sectors ended in green with Realty rallying 4% followed by sharp gains in Metals and PSU Banks," said Siddhartha Khemka, Head - Retail Research at Motilal Oswal.
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