The domestic equity market is expected to open in the red as trends on SGX Nifty indicate a negative start for the BSE Sensex and NSE Nifty index. Earlier, market benchmarks made an emphatic comeback on Friday after two days of losses as robust results by SBI gave fresh impetus to banking and finance stocks, while a declining trend in Covid-19 cases also assuaged investor concerns.
The 30-share Sensex advanced 975.62 points or 1.97% to end at 50,540.48. This was the benchmark’s biggest single-day jump since March 30 this year. Likewise, the broader NSE Nifty gained 269.25 points or 1.81% to close at 15,175.30.
Here are 6 money making ideas from technical analysts that may deliver good gains in the near term.
Recommendations by: Mazhar Mohammad, Chartview India
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Published: May 24, 2021, 08:41 IST
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