Indian Market in Minutes with Motilal Oswal

Fed Rate Hopes Boost Markets | Key Stock Picks


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The Indian stock market opened with a bullish trend, fueled by strong global cues and positive domestic economic indicators. Will Nifty sustain above 22,400? Let’s break down today’s key trends, stock picks, and technical outlook!

🔹 Key Takeaways from Today’s Market:


✔️ Global Cues: Weak U.S. retail sales hint at potential Fed rate cuts.


✔️ Nifty Analysis: Opened negative but surged 200+ points before consolidating.


✔️ FIIs vs. DIIs: Heavy buying by DIIs offsets FII selling pressure.


✔️ Stock Picks: Bullish setups in IEX, Voltas, Bajaj FinServ & more.


✔️ Sector Trends: Pharma, finance, and energy stocks lead; IT stocks see weakness.

📊 Technical Levels to Watch:


Nifty: Support at 22,330; resistance at 22,650-22,800.


Bank Nifty: Needs to hold 48,250 for further upside.

🎯 Stocks to Watch:


🔼 Positive Setup: IEX, Muthoot Finance, Dr. Reddy, SBI Life.


🔽 Weakness Seen In: LTI Mindtree, Jio Finance, Tata Technologies.

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Indian Market in Minutes with Motilal OswalBy Motilal Oswal