Stocks to buy: Raja Venkatraman's recommends three stocks for 12 February
Subscribe to enjoy similar stories. Stock market recap: Indian equities closed largely unchanged on Wednesday, as benchmark indices moved in a narrow range throughout the session. The Sensex slipped 40 points to settle at 84,233.64, while the Nifty edged up 18.7 points to finish at 25,953.85.
Market breadth was slightly negative, with 1,882 stocks advancing, 2,165 declining, and 148 remaining flat. Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman: Voltas (Cmp ₹1506.50) SHRIRAMFIN (Cmp 1056.80) KAYNES (Cmp 4154.70) Why it’s recommended: Kaynes, after a sharp drawdown, reported a modestQ3 revenue growth and margin pressure due to higher costs and operational challenges, but demand for bromine and industrial salt remains robust. Strategic projects in semiconductors and energy storage are progressing, with SOP and derivatives businesses expected to ramp up in FY27.
The declines since last few weeks seems to be bottoming out with bad news being factored in. Go long. Stock market recap Indian equities closed largely unchanged on Wednesday.
The Sensex slipped 40 points to settle at 84,233.64, while the Nifty edged up 18.7 points to finish at 25,953.85. Market breadth was slightly negative, with 1,882 stocks advancing against 2,165 declines, and 148 remaining flat. Among Nifty constituents, Eicher Motors, Apollo Hospitals, Max Healthcare, SBI, and Maruti Suzuki emerged as notable gainers, while Coal India, TCS, HCL Technologies, Eternal, and Infosys weighed on sentiment.
Midcap and smallcap indices mirrored the benchmark’s muted tone, ending flat. Sectoral performance was mixed: the Auto index surged 1.3%, PSU banks and pharma gained 1% each, and consumer durables rose 0.5%. In contrast, IT stocks came under
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