The buying action was on account of the Reserve Bank of India (RBI) leaving the repo rate unchanged at 6.50%. The S&P BSE closed at 65,995.63, up by 364.06 points or 0.55%. The broader Nifty50 closed at 19,653.50, gaining 107.75 points or 0.55%. Meanwhile, banking gauge Nifty Bank settled at 44,360.60, higher by 147.25 points or 0.55%.
Volatility was lower from Thursday closing as India VIX stood at 10.30 on Friday, down 5.57%.
We have collated stocks from various experts for traders who have a short-term trading horizon:
Expert: Parag Shah, Technical Analyst at Nuvama told ETBureau
Birla Soft: Buy | Target: Rs 550 | Stop Loss: Rs 495 | Last Close: Rs 512.50
Indian Hotels: Buy | Target: Rs 450 | Stop Loss: Rs 405 | Last Close: Rs 422.95
DFC AMC: Buy | Target: Rs 2915 | Stop Loss: Rs 2625 | Last Close: Rs 2726.15
DLF: Buy | Target: Rs 585 | Stop Loss: Rs 528.50 | Last Close: Rs 548.70
Expert: Kunal Bothra, Market Expert told ETNow
NBCC: Buy | Target Rs 66 | Stop Loss Rs 58
L&T Finance Holdings: Buy | Target Rs 150 | Stop Loss Rs 133
MRPL: Buy | Target Rs 106 | Stop Loss Rs 92
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
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