New Delhi: After the budget, the Indian stock market rebounded for the second day in a row and the Sensex reached above 50,000 for the second time. However, the market tumbled from an intra-day high on higher profit margins. Will the stock market continue to rise today and where will the stock earn?
The stock will see a rally
According to Momentum Indicator MACD, Tata Motors, SBI, Ashok Leyland, Federal Bank, Zee Entertainment, Axis Bank, NCC, HDFC Bank, L&T, Indian Bank, Ambuja Cements, Shriram Transport Finance, Havells India, Sanghi Industries, Bajaj Finance, City Union Bank , Voltas, Orient Cement, Minda Corporation, Jain Irrigation, UltraTech Cement, Century Textiles, Redington (India), The Ramco Cements, Siemens, Au Small Finance Bank, IRCTC, JK Lakshmi Cement, PTC India, Apollo Hospitals, NCL Industries, Century Enka, HG Infra Engineering, KCP, J Kumar Infraproject, Welspun Enterprises, Dr. Stocks of Lal Pathlabs, ABB India, VRL Logistics, Kothari Sugar and Dalmia Bharat could see gains today.
Be careful with this stock
According to MACD, stocks of Future Enterprises, Capri Global Capital, Aegis Logistics, Garware Technical Fibers, Asahi Songwon Colors, Vadilal Industries and Bombay Super Hybrid are expected to decline.
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