From Hindustan Times: 2024-05-26 05:43:10

1. Stock Market Update: The Nifty 50 and Sensex had a strong week, despite finishing flat, with gains in metal and financial sectors. The Sensex hit a new high at 75,636.50 and the Nifty 50 at 23,026.40, ending slightly lower. Analysts are optimistic due to investor confidence in the upcoming elections and falling oil prices at $76/barrel.

2. Stock Picks: Analyst Sumeet Bagadia recommends buying Larsen & Toubro, Axis Bank, and Bharti Airtel Ltd on Monday. Larsen & Toubro shows bullish signals and potential for a target price of ₹3,860. Axis Bank is rebounding from support levels and may reach ₹1,270. Bharti Airtel broke out above ₹1,360 with strong momentum and a target of ₹1,490.

3. Expert Analysis: The stock recommendations and analysis provided are based on technical indicators and market conditions. Investors should consider risk management strategies, stop-loss points, and consult experts before making investment decisions.



Read more at Hindustan Times: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday – May 27