Nifty began October positively, breaking its losing streak, with experts eyeing sustained levels above 24,820 for further gains towards 25,000-25,170. While the structure remains fragile, sectors like banking, auto, metals, and defence are poised to drive momentum. Traders are advised to stay hedged and consider accumulating on dips around 24,600, with specific stock recommendations highlighted for potential opportunities.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader