Market Trading Guide: Century Textiles, Jubilant Foodworks among 5 stock recommendations for Friday

  • Posted on September 19, 2024
  • By Business News Today
  • 1 Views
Market Trading Guide: Century Textiles, Jubilant Foodworks among 5 stock recommendations for Friday

Equity indices concluded with minor gains after hitting record highs post the US Fed's more than expected interest rates cut of 50 bps and hinted for further reduction. "The substantial rate cut sparked concerns over global slowdown, resulting in profit booking in mid & small cap trading at premium valuation. Meanwhile, domestic heavyweight sectors like banking and FMCG saw buying interest, driven by foreign inflows and the RBI's monetary easing expected in October," said Vinod Nair, Head of Research, Geojit Financial Services. Here are 4 stock recommendations for Friday: Stock Ideas
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