New Delhi, June 23 -- Stocks to buy for the short term: Indian stock market benchmarks, the Sensex and the Nifty 50, crashed over a per cent each in intraday trade on Monday, June 23, as Israel-Iran war escalates further, crude oil prices rise sharply and investors dump riskier equities and rush to safe haven assets.
As it is difficult to predict the trajectory of the stock market amid rapidly changing geopolitical scenarios, Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, advises traders to remain vigilant.
"A decisive breakout above 25,300 could pave the way for a sustained rally toward 25,500-25,600. Conversely, any faltering near current levels could signal renewed caution. On the downside, ...
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.