Buy or sell: Vaishali Parekh recommends three stocks to buy today — 16 December
Live MintBuy or sell stocks: The Indian stock market indices witnessed a rebound on Friday, December 13, recovering their earlier losses and closing in the green at the end of the week. The Nifty 50 index closed 0.89 per cent higher at 24,768.30 points, compared to 24,548.70 points at the previous market close. The BSE Sensex index closed 1.04 per cent higher at 82,133.12 points on Friday, compared to 81,289.96 points at the previous market close. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, said the Nifty is finding resistance near the 24,850 zone. Parekh recommended three buy-or-sell stocks for Monday: Tata Motors Ltd, HDFC Life Insurance Co. Ltd, and State Bank of India Ltd. Stock market today On the outlook for the Nifty 50 and the Bank Nifty index, Parekh said, “Nifty has been finding resistance near the 24,850 zone and was subjected to some profit booking, plunging down to 24,180 zone, but witnessed a fast recovery to erase some of the losses to end above the 100-period MA in the 24,700 zone.