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.
7 stocks where DIIs are trimming their stakes in March quarter
Declining DII shareholding across Nifty 500 stocks signals cautious sentiment, with investors trimming exposure in firms like Bank of India and Hindustan Petroleum Corporation amid