
Three stocks to buy today: Recommended by Ankush Bajaj
Subscribe to enjoy similar stories. India’s stock markets witnessed a mixed ride on 25 February, the previous trading session before today. The S&P BSE Sensex managed to break its five-day losing streak, closing 147.71 points, or 0.20%, higher at 74,602.12 points.
However, the Nifty 50 remained under pressure, slipping 5.80 points, or 0.03%, to settle at 22,547.55. Sector-wise, the market displayed divergent trends. The Nifty Media index led the gains, rising 0.84%, followed by Nifty Consumption (0.65%) and Nifty Auto (0.51%).
On the downside, the Nifty Metal index fell 1.54% as its constituent companies continued to face selling pressure. Nifty Realty fell 1.31% and Nifty PSU Bank lost 1.22%. Also read | Up in smoke? Tobacco stocks struggle as costs rise, tax jitters grow Among individual stocks, Mahindra & Mahindra surged 2.53%, emerging as one of the top gainers on Tuesday, followed by Bharti Airtel (2.50%), Bajaj Finance (1.60%), and Nestle India (1.35%).
Among the worst-performing stocks were Hindalco, which lost 3.50%, Dr. Reddy’s Laboratories (-3.13%), and Trent (-2.09%), which contributed to the overall market weakness. Nifty 50 will remain weak as long as it stays below 22,800, with potential downside levels of 22,100-22,000 in the coming days.
Additionally, with the monthly expiry today, the maximum Open Interest (OI) is observed at 22,700 on the Call (CE) side and 22,600 on the Put (PE) side, indicating that traders expect a range-bound expiry. However, if the Nifty breaks either side of this range, it could trigger a major trend movement. Also read | Vedanta’s demerger and its impact on investors The Relative Strength Index (RSI) is at 63.17, indicating that while the stock is nearing overbought levels it
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