Technical Picks: Nagaraj Shetti of HDFC Securities suggests these two stocks to buy or sell this week
Live MintStock market today: The major domestic stock indices, Nifty 50 and Sensex, began trading on Monday with gains, following what was their worst week of 2024 last Friday. On Monday, India's benchmark indexes experienced an upswing, primarily driven by the heavily weighted ITC, Tech Mahindra, Reliance Industries, HDFC Bank and the metals sector, while also following positive trends in regional markets due to favorable US inflation data. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, pointed out that the FII purchasing activity, which was seen in early December, completely shifted last week with FII selling amounting to ₹15826 crores. Market Views - Nagaraj Shetti, Senior Technical Research Analyst of HDFC Securities After witnessing a sharp decline in the last few sessions, Nifty 50 witnessed an upside bounce on Monday and is currently trading higher.