New Delhi, Feb. 4 -- Breakout stocks to buy or sell: The Indian stock market experienced significant declines in early trading on Monday, February 3, as weak global cues triggered a sell-off. The Sensex plunged over 700 points, while the Nifty 50 slipped below 23,250.
The Sensex dropped 750 points, reaching an intraday low of 76,791.09, while the Nifty 50 declined by 1% to 23,222.
Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market remains cautious overall, but the Nifty 50 index indicates a potential rebound from the 23,200 level. However, the index must close above the 23,600 mark to boost sentiment on Dalal Street. He further said adopting a stock-specific strategy and focusing on stocks that e...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.