

Stocks to buy: Raja Venkatraman's recommends three stocks for 6 February
Subscribe to enjoy similar stories. Stock market recap: The Indian stock market suffered heavy losses in intraday trade on Thursday, 5 February, as investors booked profits across segments amid weak global cues. The Sensex hit an intraday low of 83,151.62, while the Nifty 50 fell below 25,650.
At the end of day's trade, the Sensex ended with a loss of 504 points, or 0.60%, at 83313.93, while the Nifty 50 closed at 25,642.80, down 133 points, or 0.52%. The BSE 150 MidCap Index dropped by 0.43%, while the BSE 250 SmallCap Index declined by 0.81% Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Friday, 6 February: Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O) Jindal Steel: Buy above ₹1180, stop ₹1150 target ₹1265 (Multiday) Indian Bank: Buy above ₹880, stop ₹860 target ₹975 (Multiday) DMART: Buy above ₹3940, stop ₹3870 target ₹4225 (Multiday) Indian equity markets ended in the red on 5 February, with the Nifty slipping 136 points to close at 25,639, reflecting broad-based profit booking after recent gains. Metal stocks led the decline, with the sectoral index falling nearly 2%, reversing the 6% rally seen over the past three sessions.
The weakness in metals was largely attributed to a stronger US dollar, which made global commodities more expensive for non-dollar holders, thereby pressuring prices. This triggered selling in domestic metal counters, dragging the index lower. Pharma stocks also joined the decline, adding to the negative sentiment.
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