Market Trading Guide: Tata Motors, Hindalco among 5 stock recommendations for Friday

  • Posted on September 26, 2024
  • By Business News Today
  • 4 Views
Market Trading Guide: Tata Motors, Hindalco among 5 stock recommendations for Friday

Benchmark Sensex rallied 666 points to close at a fresh record high on Thursday following buying in auto and banking shares amid gains in global markets. The BSE Sensex jumped 0.78 per cent to settle at 85,836.12 amid monthly expiry in the derivatives segment. Rallying for the sixth day in a row, the NSE Nifty climbed 211.90 points or 0.81 per cent to close at a record high of 26,216.05. "The underlying trend of Nifty remains positive. Having reached upside target of 26,250 levels (1.618% Fibonacci Extension) on Thursday, the Nifty could now move up towards another upside levels of 26,900 (1.786% Fibonacci Extension) by the next couple of weeks. Immediate support is at 26000," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Friday: Stock Ideas
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