Stock market recap, Oct. 24 -- The Nifty index experienced a sharp intraday reversal on Thursday after hitting fresh record highs. It topped the 26,000 mark but finally settled at 25,891.40, up 23 points or 0.09%. The initial optimism was driven by bullish momentum and strong domestic cues, but profit booking at elevated levels triggered a notable pullback.
Three stocks to trade, recommended by NeoTrader's Raja Venkatraman:
PHOENIXLTD (Cmp Rs.1691.20)
PHOENIXLTD: Buy above Rs.1692, stop Rs.1670 target Rs.1820 (Multiday)
SYNGENE (Cmp 661.25)
SYNGENE: Buy above Rs.661, stop Rs.648 target Rs.685 (Intraday)
CUMMINSIND (Cmp 4073.90)
CUMMINSIND: Buy above Rs.4080; stop Rs.4020, target Rs.4225 (Intraday)
Stock Market Recap
On Thursday, ...
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