Market Trading Guide: Nykaa, SBI Card are stock recommendations for Friday
- Posted on January 16, 2025
- By Business News Today
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Market Trading Guide: Nykaa, SBI Card are stock recommendations for Friday
Rally in bank and auto stocks ensured frontline indices end in green for the second straight session on Thursday. While the S&P BSE Sensex settled at 77,042.82, gaining by 318.74 points or 0.42%, the broader Nifty closed at 23,311.80, higher by 98.60 points or 0.42%.Commenting on the day's actio, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty started higher and reached near 23,400 before closing near 23,300. In his view, the near term sentiment might remain volatile. "On the upside, 23,400, might continue to remain as crucial resistance and only a decisive move above 23,400 may lead to higher levels. While, support is seen at 23,150/23,000," De said.Here are 2 stock recommendations for Friday: Stock Ideas