2024-04-29 06:47:05
Things That Will Decide The Market Today GIFT NIFTY opened 97 points higher at 22,653 signalling that the Indian stock market is headed for a positive start today.
U.S. stocks closed higher on Friday, followed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights. Dow Jones Industrial Average (.DJI), rose 153.86 points, the S&P 500 (.SPX), gained 51.54 points, and the Nasdaq Composite (.IXIC), gained 316.14 points.
The volatility index - India VIX increased by 2% to the levels of 10.92 indicating increasing volatility in the market.
Motilal Oswal's Daily Fundamental and Technical Picks
Fundamental Picks (for more than a year)1) Bharti Airtel - Target - 1570 (18%)
2) ABB - Target - 7500 (17%)
3) Zomato- Target - 229 (17%)
4) Shriram Finance - Target - 2900 (16%)
5) Voltas - Target- 1650 (13%)
Technical Pick (for 2-3 days)IRFC
Previous Close - 158
Target - 170
Potential Upside - 5%
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