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

Things That Will Decide The Market Today

GIFT NIFTY opened 24 points lower at 22,685 signalling that the Indian stock market is headed for a negative start today.

U.S. stocks ended lower on Thursday, with the Nasdaq dropping over 1%, driven by declines in technology shares after Salesforce issued a disappointing forecast. Additionally, investors reacted to data indicating slower-than-expected economic growth in the first quarter and higher-than-anticipated weekly jobless claims.

The volatility index - India VIX advances by 0.04% to the levels of 24.17 indicating increased volatility in the market.


Motilal Oswal's Daily Fundamental and Technical Picks

Fundamental Picks (for more than a year)

1) KEI Ind - Target - 5000 (22%)
2) L&T - Target - 4400 (21%)
3) Bharti Airtel - Target - 1640 (19%)
4) Concor - Target - 1260 (18%)
5) SBI - Target- 925 (12%)


Technical Pick (for 2-3 days)

Dixon

Previous Close - 9308
Target - 1000
Potential Upside - 7%