Stock market today: Ashok Leyland, ICICI Bank to NCC — 7 buy or sell stock ideas by experts

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Stock market today: On account of weak global cues, the Indian stock market ended flat on Friday last week. Out of three frontline indices, the Nifty 50 and the BSE Sensex ended flat whereas the Bank Nifty index surged 0.90 percent by adding around 432 points on the previous session. The board market also outshined the Nifty 50 index as both small-cap and mid-cap indices finished 0.50 percent higher on the last session of the week gone by.

"The domestic markets registered gains for the week gone by as they remained well supported by strong macroeconomic data in the form of PMI numbers. At the current juncture, the earnings season too is expected to register satisfactory growth. The expectations for growth were seconded by RBI in its policy by way of strong projections for FY25.

The domestic news flow is fairly supportive of the market sentiments, the volatility may largely induced by global developments, specifically expectations around the timing of the US Fed rate action," said Dr. Joseph Thomas, Head of Research at Emkay Wealth Management. On the outlook for the stock market today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities said, "The near-term trend of the Nifty 50 index remains positive and the ongoing range movement in the market is suggesting a possibility of sharp swing movement on either side.