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Indian stock market opened with a decline on Wednesday after poor signals at domestic and global level. Nifty opened at 23,822.50 with a decline of 61 points i.e. 0.26%. Sensex also opened at 78495.53 with a decline of 179.65 points i.e. 0.23%. On the day of weekly expiry, Nifty Bank opened at 51030.90 with a decline of 126.90 points i.e. 0.25%.
On Wednesday, NTPC, Bharti Airtel, HDFC Bank, Power Grid and Tata Motors stocks topped the list of Nifty's fastest stocks. During early trading, these stocks have seen a rise of 0.10% to 0.75% today.
At the same time, Maruti Suzuki, M&M, Shriram Finance, BPCL and Hero MotoCorp stocks topped the list of weak stocks on Nifty. These stocks showed weakness of 1% to 1.5%.
market experts have given their opinion on 6 stocks based on technical charts. These stocks are Dixon Tech, Maruti Suzuki, Nippon India ETF Nifty IT, NMDC, L&T Tech Services, LTIMindtree.
Experts' favorite calls
- Prakash Gaba's Favorite Stocks
Share: Dixon Tech
Opinion: Sell
Target: Rs 14500 per share
Stoploss: Rs 15140 per share - Manas Jaiswal's Favorite Stocks
Stock: Maruti Suzuki (Fut)
Opinion: Sell
Target: Rs 10800 per share
Stoploss: Rs 11331 per share - Ashish Chaturmohata's favorite stocks
Shares: Nippon India ETF Nifty IT
Opinion: Buy
Target: Rs 55 per share
Stoploss: Rs 43 per share
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