Stocks to watch: GR Infraprojects, Titan, among top four stock picks by SMC Global Securities; Time to buy?
Stock market today: Domestic equity benchmarks Sensex and Nifty 50 settled higher on Thursday, June 20 driven by private banks, after struggling through some volatility during the trade in the absence of fresh triggers. Metals, real estate, fertiliser stocks drove indices, despite a lack of strong global indications.
The 30-share BSE Sensex ended higher by 141.34 points or 0.18 per cent at 77,478.93 level while the Nifty 50 closed at 23,567.00 level, up 51.00 points or 0.22 per cent. The Nifty has logged record closing highs in five out of six sessions, while the Sensex has ended at all-time highs for five consecutive sessions.Also Read: Fuel Price in India: After Karnataka tax hike, here's how much petrol, diesel costs in your city; Full list hereThe Nifty Midcap 100 closed 0.95 per cent higher, while the Nifty SmallCap 100 ended up 0.61 per cent, both outperforming the benchmark indices.
The fear gauge index, the India VIX closed 2.68 per cent lower today. Sector rotation towards large-cap banking stocks will likely continue due to their valuation comfort, keeping the benchmarks buoyant, according to analysts.In the current market scenario, domestic brokerage firm SMC Global Securities has released its top four stock picks for this week.
The brokerage has selected the quality stocks on technical as well as fundamental parameters. The stocks have robust fundamentals and are well-placed to yield good returns for investors in the next one-year time frame, according to the brokerage.Also Read: FMCG stock rallies 20% on dividend, bonus issue intimation; board meeting on June 25; Buy or sell?Let's take a look at the top four technical and fundamental stocks for this week by brokerage SMC Global Securities:The company has
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