Market Trading Guide: Aster DM, Radico Khaitan among 3 stock recommendations for Friday

Indian benchmark indices fell on Thursday for the fourth consecutive session let down by auto and FMCG stocks. While the S&P BSE Sensex settled at 80,065.16, down by 17 points, the broader Nifty closed at 24,399.40, lower by 36.10 points or 0.15%.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the current market sentiments remain weak. "Nifty traded in a range bound manner throughout the session before closing with a marginal loss. The sentiment remains weak as no follow-up buying was visible, despite the formation of a bullish reversal pattern after a significant correction. During the day, it found support around the 38.20% Fibonacci retracement of the previous rally from June 2024 low of 21,281 to all-time high of 26,277,” De said. Going forward, a recovery might occur in Nifty unless 24,350 is breached, which could trigger a more serious correction, this analyst warned. On the higher end, the 50-stock index could move towards 24,650-24,700. Here are 3 stock recommendations for Friday: Stock Ideas