Stock Market Analysis and Recommendations: Siddhartha Khemka of Motilal Oswal Provides Insights on Stocks to Buy Today
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According to market analysts Siddhartha Khemka and Chandan Taparia of Motilal Oswal, the Indian stock market is expected to open on a flat note today . This is due to modest gains in US Future, cooling down in oil prices, and reduced geopolitical tension in the gulf region . The Nifty has immediate support at 19442 and resistance at 19650, while the Bank Nifty has support at 43500 and resistance at 44044 .
Khemka and Taparia have recommended buying Persistent at a CMP (Current Market Price) of Rs 5907 with a stop-loss at Rs 5750 and a target of Rs 6200 . They have also provided an analysis of Paytm's financial performance and growth prospects .
Ruchit Jain of 5paisa has recommended buying Sun Pharmaceutical Industries and FSN E-Commerce Ventures (Nykaa) on Tuesday . Sun Pharmaceutical In...
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