Stock Market Today: The much-awaited India-US Trade Deal is likely to see a big rally in the Indian stock market today. Export-dependent sectors like Automobile (Auto Stocks), IT (IT Stocks), Defense (Defense Stocks) and Pharma (Pharma Stocks) will be in the eye of investors today due to Donald Trump’s decision to reduce the proposed 50% tariff to 18%.
Today’s Market Movement (Trade Setup)
According to the signals of Global Q and GIFT Nifty, Nifty 50 can give a strong Gap-up opening today.
According to market experts:
Support Level: 25,000 and 24,900 points will act as strong support for Nifty at present.
Target Level: If the market stays above this level, Nifty can reach 25,250 or even 25,350 points.
Sensex: 81,500 and 81,200 points are important support zones for the Sensex.
Expert Opinion
Sumit Bagadia of Choice Broking and Ganesh Dongre of Anand Rathi believe that the decision to reduce India-US tariffs will bring a new wave in export trade. Especially IT and defense stocks can see good movement today.
Stock Suggestion Entry Price (₹) Target (₹) Stop Loss (₹)
Hindustan Petroleum Buy 453 485 437
ITC Hotels Buy 185.65 199 179
DLF Buy 625 642 610
BEL Buy 439 454 430
LTF Buy 277 290 272
M&M Buy 3463 3620 3400
HBL Engineering Buy 771 815 755
Tourism Finance Buy 63.99 70 62
( Note: The information provided here is for informational purposes only. It is important to mention here that investing in the market is risky. As an investor, always consult an expert before investing money. Timesbull.com never advises anyone to invest money here. This share market related news is provided here for educational purposes only. We do not call or tip about any shares.)
Avijit
A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.
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