Day trading stocks to buy: Anand Rathi expert recommends these three shares to buy today — April 30
Also Read: Stock market today: Sensex, Nifty 50 jump 1% each; mid, smallcaps hit record highs; investors earn about ₹3 lakh crore The positive US tech quarter profits and the decline in the US 10-year yield helped the Indian benchmark indices to recover, according to Vinod Nair, Head of Research at Geojit Financial Services. Due in large part to its impressive fourth-quarter performance, the Bank Nifty excelled domestically. It is anticipated that consistent profits along with a reduction in Middle East tensions would keep the market optimistic.
The US non-farm payroll statistics and FED policy will determine the overall market dynamics going ahead. The 30-share BSE Sensex closed at 74,671.28 level, up 941.12 points, or 1.28%. The NSE Nifty 50 ended at 22,643.40, up 223.45 points, or 1%.
According to Ganesh Dongre, Senior Manager—Technical Research at Anand Rathi, on the Nifty 50 front, we are now closed above the resistance level of 22,500–22,600 zone, which may keep the movement sideways for the nifty in the upcoming days. Dongre continued by adding that now the next resistance for the Nifty 50 spot will be 22,800-22,900. On day trading stocks for Tuesday, Ganesh Dongre of Anand Rathi recommended three shares to buy today - Bajaj Finserv Ltd, State Bank of India, and Bank of Baroda.
Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 30 On the outlook for the Nifty 50 and Bank today, Ganesh Dongre said, "Now the next resistance for the Nifty 50 spot will be 22,800-22,900. As per Monday's chart pattern, we have seen the gap up opening and continuing its bullish trend for the rest of the day, and it closed in positive territory. So, on the Nifty 50 front, until the time Nifty 50 holds
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