Positive global cues led to the Indian market closing higher, with the S&P BSE Sensex gaining over 100 points and the Nifty50 closing above 18300 levels. The auto, banking, and FMCG sectors saw buying, while power, oil & gas, and utility stocks saw selling. Zensar Technologies and Glenmark Pharma are among the stocks that witnessed a surge in prices, and Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd., recommended buying these two stocks. Gour also recommended buying Tata Motors, which has been consolidating over the past 1.5 years.
Fund Manager Talk: Trump presidency not a big threat to IT but can affect FII flow: Krishnan VR
In the coming weeks, investors face a busy period with the Q3 earnings season, Trump’s swearing-in, the Fed meeting, and the Union Budget. The strategy
January 19, 2025