Things That Will Decide The Market Today GIFT NIFTY opene | Motilal Oswal - Official📈💸

Things That Will Decide The Market Today

GIFT NIFTY opened 21 points lower at 22,870 signalling that the Indian stock market is headed for a negative start today.

On Thursday, U.S. stocks surged following the Federal Reserve's dovish interest rate guidance. Despite mixed earnings and economic data, all three major indexes closed in positive territory.

The volatility index - India VIX increased by 4.47% to the levels of 13.44 indicating increased volatility in the market.


Motilal Oswal's Daily Fundamental and Technical Picks

Fundamental Picks (for more than a year)

1) Star Health - Target - 730 (30%)
2) Dabur - Target - 650 (24%)
3) Cyient DLM - Target - 840 (22%)
4) Ultratech - Target - 11500 (15%)
5) ICICI Bank - Target- 1300 (14%)


Technical Pick (for 2-3 days)

Bajaj Auto

Previous Close - 9110
Target - 9600
Potential Upside - 5%