Sneha Seth from Angel One suggests booking profits for intraday positions in index options. She notes potential resistance at 23,000-23,100 levels but sees opportunities in the oil and gas sector. She highlights BPCL and Cipla as promising stocks, with specific target and stop loss levels. Banking stocks also look strong, supporting Nifty’s performance.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.