Sensex and Nifty Update: Experts Suggest 8 Stocks to Watch Today

Sensex and Nifty Update:

The Indian stock market ended Thursday’s session with solid gains. The Sensex rose by 398 points to close at 82,172, while the Nifty 50 gained 135 points to settle at 25,181. The rally was mainly supported by strong performances in the metal, pharmaceutical, and IT sectors. Metal stocks led the market uptrend as global commodity prices strengthened, boosting investor confidence.

Sensex and Nifty Update:

Experts said that easing geopolitical tensions, especially after reports of a ceasefire between Israel and Hamas, and positive global cues contributed to the upbeat sentiment. The US technology sector also posted strong gains, further lifting investor morale.

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty 50 moved higher despite the previous day’s weakness and stayed above major moving averages. He added that if the index crosses 25,250, it could rise toward 25,600, with support near 25,000.

Vinod Nair, Head of Research at Geojit Investments, mentioned that gains were seen across sectors as companies began releasing Q2 results. He expects a modest second quarter, especially in finance and export-based industries like IT and pharma, but believes growth will improve in the second half of the year due to stronger domestic demand.

Even with cautious earnings expectations, IT stocks performed well as investors found them attractively priced with long-term potential.

Market experts such as Sumeet Bagadia (Choice Broking), Ganesh Dongre (Anand Rathi), and Shiju Koothupalakkal (Prabhudas Lilladher) suggested eight stocks for short-term traders today. These include Eternal Ltd, JSW Steel, Coforge, Patanjali Foods, DLF, Marksans Pharma, CG Power, and Inox Wind.

Traders are advised to follow proper stop-loss levels and monitor resistance points carefully before investing.

Overall, the market outlook remains positive in the short term, supported by healthy buying across sectors, easing global tensions, and a steady improvement in investor sentiment.

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