

Stocks to buy: Raja Venkatraman's top picks for 6 January
Stock market recap: Indian equities ended lower on Monday, 5 January, despite positive global cues as investors booked profits in select heavyweights amid increased geopolitical tensions after the US military action in Venezuela, capturing Venezuelan President Nicolas Maduro and his wife.However, the US attacks on Venezuela did not deal any significant blow to global markets. In Asia, Japan's Nikkei and Korea's Kospi jumped over 3% each, while China's Shanghai Composite rose by over 1%.
In Europe, Germany's DAX rose by over a per cent. The UK's FTSE and France's CAC 40 were in the green when the Sensex closed.The Sensex fell 322 points, or 0.38%, to end at 85,439.62, while the Nifty 50 ended at 26,250.30, down 78 points, or 0.30%.
The mid and small-cap indices outperformed; the BSE Midcap index inched up by 0.05% and the Smallcap index rose by 0.07%(All Buy trades are rates of Equity & Sell rates are based on F&O)SAIL: Buy above ₹151, stop ₹146.50 target ₹161 (Multiday)VOLTAS: Buy above ₹1480, stop ₹1450 target ₹1540 (Multiday)SBILIFE: Buy above ₹2080, stop ₹2050 target ₹2130 (Intraday)On 5 January, Indian equities opened the week on a buoyant note, with the Nifty scaling a fresh peak of 26,373.20 in early trade. The momentum, however, proved short-lived as the index slipped into a rangebound phase during the first half of the session.
Geopolitical concerns stemming from heightened US-Venezuela tensions triggered broad-based selling in the latter half, pulling the Nifty down to 26,250 and leaving it near the day’s low at close.The Sensex mirrored this weakness, shedding 322.39 points or 0.38 percent to settle at 85,439.62, while the Nifty lost 78.25 points or 0.30 percent to finish at 26,250.30. In the broader market,
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