
Stocks to buy: Raja Venkatraman recommends three stocks for 11 March
Stock market recap: The Indian stock market saw healthy gains on Tuesday, 10 March, after two consecutive sessions of losses that dragged the Sensex and the Nifty 50 down 3% each. The market rebound followed a drop in crude oil prices and recovery in global peers amid hopes that the conflict in West Asia could end soon.The Sensex jumped 640 points, or 0.82%, to end at 78,205.98, while the Nifty 50 climbed 234 points, or 0.97%, to settle at 24,261.60.The mid and small-cap segments outperformed strongly.
The BSE 150 MidCap Index rose 1.66% while the BSE 250 SmallCap Index jumped 2.04%.Investors earned ₹6 trillion in a single session, with overall market capitalization of BSE-listed firms rising to ₹447 trillion.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)INDIANB: Buy above ₹932, stop ₹890 target ₹1025 (Multiday)DRREDDY: Buy above ₹1320, stop ₹1270 target ₹1440 (Multiday)BEL: Buy above ₹465, stop ₹435 target ₹515 (Multiday)On 10 March, NSE benchmarks rebounded strongly after two sessions of steep losses, driven by easing crude oil prices and firmer global cues. At 10:25 am, the Nifty surged 179 points or 0.74% to 24,207.05, while the Sensex gained 557 points to 78,123.67.
Shriram Finance, InterGlobe Aviation, and Dr. Reddy’s Laboratories led the rally with gains up to 5%, whereas ONGC and Infosys slipped nearly 2%.
Market breadth was positive, with over 2,500 stocks advancing against 832 declines.Fourteen of sixteen sectoral indices traded higher, though IT and oil & gas lagged. Midcap and small-cap indices rose up to 1.5%.
The rebound followed Brent crude’s sharp fall to $93.83 per barrel after peaking near $120, amid hopes of easing West Asian tensions. Global markets also
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