Stocks to trade: Raja Venkatraman recommends two stocks for 17 April
Subscribe to enjoy similar stories.Trends test our patience while the lower levels are being held . The road ahead looks challenging, but we will slowly and steadily conquer it.
However, at the current juncture, some bit of prudence is of the essence.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)Astra Microwave Products Ltd: Buy above ₹1,715 | Stop ₹1,640 | Target ₹1,915 (multiday)HEG Ltd: Buy above ₹630 | Stop ₹595 | Target ₹695 (multiday)On 16 April 2026, Indian equity markets witnessed a volatile session, failing to hold onto early gains. The Nifty slipped below the 24,200 mark, closing at 24,196.75, down 34.55 points or 0.14%, while the Sensex ended 122.56 points lower at 77,988.68, a decline of 0.16%.
Indices opened strongly, buoyed by positive global cues and optimism surrounding a potential US-Iran peace deal, which lifted sentiment in the first half of trade. However, persistent selling pressure in the latter half erased intraday advances, dragging benchmarks near the flat line.Despite the subdued close, market breadth remained healthy, with more stocks advancing than declining, reflecting underlying resilience in the broader market.
The session highlighted investor caution amid global uncertainties, where optimism was tempered by profit-booking and risk aversion. Overall, the day’s trade underscored the fragile balance between global optimism and domestic market pressures.Going into today’s trading, the market remained mixed, as the attempt to suppress bearish sentiment has been successful so far.
Each sector has some strong performers keeping the bullish sentiment alive. However, at this juncture, one should note the deep correction we have witnessed, and the fall
. Read on livemint.com