The Indian market is expected to rise on Wednesday following positive global signals, with the Sensex and the Nifty50 closing flat on Tuesday. The weekly maximum Call OI is placed at 18,300 and then towards 18,400 strikes while the maximum Put OI is placed at 18,200 and then towards 18,100 strikes. Stocks recommended by analysts with short-term horizons include Metropolis Healthcare, Laurus Labs, Chambal Fertilisers, Axis Bank, Coal India, Tata Communications, AU Small Finance Bank, Divi’s Laboratories, and Naukri.
Standard deviation studies pointing Nifty at 25,000 and beyond: Anand James
Anand James of Geojit Investments sees potential for Nifty to hit 25,000, though warns that a drop below 24,280 may signal weakness. He expects defence
May 4, 2025