Stocks to buy: Raja Venkatraman's recommends three stocks for 18 February
Subscribe to enjoy similar stories. Stock market recap: Benchmark equity indices, the Sensex and the Nifty 50, extended their gains for the second consecutive session on Tuesday, 17 February, led by gains in select heavyweights, including ITC, BEL, and Infosys. The Sensex ended at 83,450.96, rising 174 points, or 0.21%, while the Nifty 50 settled 43 points, or 0.17%, higher at 25,725.40.
Broader markets also rose, with the BSE 150 MidCap Index up 0.31%, and the BSE 250 SmallCap Index climbing 0.86%. Investors' wealth rose by more than ₹1 trillion from previous day as total market capitalization of BSE-listed firms ticked up to ₹470 trillion. Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O) UNITDSPR: Buy above ₹1430, stop ₹1395 target ₹1530 (Multiday) GPIL: Buy above ₹273, stop ₹262 target ₹290 (Multiday) SHYAMMETL: Buy above ₹899, stop ₹875 target ₹970 (Multiday) On 17 February, Indian equity benchmarks extended their gains for the second straight session, supported by strong buying in IT and PSU banking stocks.
After a weak start, the market staged a sharp rebound, with the Sensex recovering over 600 points intraday before closing at 83,509, up 174 points (0.21%). The Nifty 50 settled at 25,725, higher by 42 points (0.17%), aided by fresh mid-session buying. Sectoral performance was mixed: IT and PSU banks led the rally, while FMCG and private banks added steady support.
However, profit booking in metals and realty counters capped the upside. Broader markets outperformed the benchmarks, with the Nifty Midcap index rising 0.27% and the Smallcap index advancing 0.56%, reflecting broad-based investor interest. Overall, the session highlighted resilience in frontline indices and
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