Business Tips of the Week: Dalmia Bharat and ONGC including these stocks may see a big jump next week, keep an eye – business tips of the week which stock will be bullish next week
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The National Stock Exchange’s index Nifty also climbed 17.80 points, or 0.1 percent, to reach 18,314.80 points. In this way, the Nifty ended the third consecutive trading week with gains. Mahindra & Mahindra was the top gainer in the Sensex group with a gain of 1.92 per cent. IndusInd Bank, Axis Bank, SBI, HDFC Bank, ICICI Bank, HUL, Bajaj Finance and HCL Technologies also closed higher.
On the other hand, the share of Power Grid declined sharply by 2.67 per cent. Shares of NTPC, Tata Steel, UltraTech Cement, Nestle, Sun Pharma, Infosys, L&T, Kotak Bank, TCS and Wipro were also in the red. The BSE Smallcap index declined 0.08 per cent while the Midcap index fell 0.33 per cent. Let’s see how the market will move next week? What are the experts indicating? Which stocks can see a boom.
Asian markets fall
Most of the markets in Asia were declining. Rising concerns over US banks and a fall in demand from China weighed on Asian markets. Hong Kong’s Hangsang, China’s Shanghai Composite and South Korea’s Cospi closed down. Although Japan’s Nikkei had climbed nearly one percent. In the last trading session, the US markets closed with a decline on Thursday.
How will the market move
According to experts, the markets closed with gains on last Friday. Good buying by investors has been seen in the market. Volume is also good. In such a situation, the stock market can start with a boom next week. There will be a boom in the market. Experts suggest that next week Nifty will take support between 18,150 to 18,300 and may move towards 18,300 to 18,500 in the upper levels. Bank Nifty will take support in the range of 43,350 to 43,200 and may cross 44,150 in a bull run at higher levels. If the global cues are good then next week Nifty can create new levels towards 19,000 and Bank Nifty above 44,200.
Foreign Exchange Reserves: There was a big jump in the country’s foreign exchange reserves, increased by $ 7.2 billion to reach 595.98
keep an eye on these stocks
The stock market may see a boom in many stocks next week. According to experts, investors can add these stocks to their portfolio to earn profits. These stocks include shares of Varun Beverages, Coromandel International, Gujarat Fluorochemicals, PFC and REC Limited. Experts have given a Strong Buy rating to these shares. Apart from this, a sharp jump can also be seen in the shares of Dalmia Bharat, UPL, ONGC, AIA Engineering and Canara Bank.
talk to a financial advisor
Before investing in any stock in the stock market, you must talk to your financial advisor. If you do not do this, you may have to suffer financially.
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