Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to 18,534, while broader markets on the other hand outperformed, with Nifty Midcap 100 ending 0.46% higher. “Now Nifty has to hold support of 18442 zones to witness an upmove towards 18666 and 18750 zones, while on the downside, support exists at 18442 and 18333 zones,” Chandan Taparia of Motilal Oswal Securities, said. Here are stock recommendations for Monday:
OMC stocks rally up to 4% as govt hikes excise duty, raises LPG prices. What should investors do?
Hindustan Petroleum Corporation Ltd (HPCL) shares surged the most, rising 4% to a day’s high of Rs 367.50 on the BSE, followed by Bharat Petroleum