Conversely, in case of profit booking, the index might drop to levels around 23,700 or 23,400, say technical analysts. Stocks recommended by analysts for long positions include Alkem, Asian Paints, BPCL, Cipla, HDFC Bank, Hindustan Unilever, BSE, Oil India, and CEAT.
D-Street set to tumble as US tariffs hit markets
Indian shares are expected to open lower on Thursday following U.S. President Donald Trump’s imposition of a 26% reciprocal tariff on imports from India. This