The Indian stock market may see the pressure of last week this week as well. The Nifty 50 fell more than 2.5 percent to 25,048 points and the BSE Sensex closed down about 2.4 percent to 81,537 points. The mid-cap and small-cap segments also saw major declines, resulting in a major collapse in investor wealth. However, market experts are asking to keep their faith in these 8 stocks on Tuesday.

What is the status of which sector

Sectorally, realty, consumer durables and capital market stocks performed the worst. Foreign investors (FIIs) sold shares worth Rs 14,652 crore, but domestic investors (DIIs) tried to control the market by buying shares worth Rs 20,746 crore.

Current Situation of Nifty 50 and What Can Be the Future Today

Market Experts Say, “The Nifty 50 Index has fallen below its 200-day EMA, which indicates a negative or bearish trend. The weakness has become more evident as the 21-day EMA has crossed below the 55-day EMA.”

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Where is the Support, Resistance

Support 24,850 (if it breaks, the index can go towards 24,600).

Resistance: 25,250 (if it holds above, there can be a recovery up to 25,500).

What Experts Suggest: In the current situation, it is better to adopt the ‘Sell-on-rise’ or sell-on-rise strategy.

Top 8 Stocks to Buy Today (Intraday Stocks)

1. Sumit Bagadia (Choice Broking)
NALCO: Buy @ ₹371 | Target: ₹397 | Stop Loss: ₹358

Ashok Leyland: Buy @ ₹193 | Target: ₹207 | Stop Loss: ₹186

2. Ganesh Dongre (Anand Rathi)
JSW Steel: Buy @ ₹1170 | Target: ₹1220 | Stop Loss: ₹1145

Indus Towers: Buy @ ₹413 | Target: ₹440 | Stop Loss: ₹400

UPL: Buy @ ₹702 | Target: ₹740 | Stop Loss: ₹680

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3. Siju Kuthupalakkal (Prabhudas Leeladhar)
GNFC: Buy @ ₹464 | Target: ₹486 | Stop Loss: ₹454

Voltas: Buy @ ₹1315 | Target: ₹1385 | Stop Loss: ₹1285

Swan Corp: Buy @ ₹410 | Target: ₹435 | Stop Loss: ₹400

( Note: The information provided here is for informational purposes only. It is important to note that investing in the market involves risks. As an investor, always consult an expert before investing money. Timesbull.com never advises anyone to invest money here. This share market news is provided here for educational purposes only. We do not give calls or tips about any shares.)