Indian Stock Market Shows Mixed Trend, Experts Recommend Hold to Buy for NTPC, ONGC, and More.

Jan 09 2024 03:00 PM IST
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The Indian stock market is experiencing a mixed trend today, with some stocks showing a bullish trend while others remain steady. Experts recommend holding or buying NTPC, ONGC, Shriram Finance, Power Fin.Corpn., and Max Healthcare. Siemens, Asian Paints, Jubilant Food, Tata Motors - DVR, and St Bk of India are potential investment options for traders. The BSE 100 index has seen a 0.28% increase today and a 0.36% increase in the last 5 days. Among large cap stocks, Siemens has performed the best while Zee Entertainment has performed the worst. The advance-decline ratio for large cap stocks is currently at 1.81x, indicating a positive sentiment in the market. Investors should keep an eye on upcoming results from Infosys, TCS, Wipro, HCL Technologies, and HDFC Life Insurance. Recently, Siemens, Asian Paints, Jubilant Food, Tata Motors - DVR, and St Bk of India have seen an upgrade in their technical score, making them potential stocks to watch out for.
The Indian stock market is seeing a mixed trend today, with some stocks showing a bullish trend while others are holding steady. NTPC, ONGC, Shriram Finance, Power Fin.Corpn., and Max Healthcare are all recommended as "Hold to Buy" by experts. Siemens, Asian Paints, Jubilant Food, Tata Motors - DVR, and St Bk of India are all showing a bullish to mildly bullish trend, making them potential investment options for traders. In the large cap segment, the BSE 100 index has seen a 0.28% increase today and a 0.36% increase in the last 5 days. Among the large cap stocks, Siemens has been the best performer with a return of 4.60%, while Zee Entertainment has been the worst performer with a return of -7.32%. The advance-decline ratio for large cap stocks is currently at 1.81x, with 65 stocks advancing and 36 stocks declining. This indicates a positive sentiment in the market. Investors should keep an eye on the upcoming results of Infosys, TCS, Wipro, HCL Technologies, and HDFC Life Insurance, which are all set to declare their results in the next few days. In terms of stock upgrades, the following stocks have recently seen an upgrade in their technical score: Siemens, Asian Paints, Jubilant Food, Tata Motors - DVR, and St Bk of India. This makes them potential stocks to watch out for in the coming days.

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