stock recommendations: Day trading guide for Friday
On the day of the weekly expiration of index options, the benchmark index witnessed profit booking. Post muted opening, the market registered selling pressure. The Nifty/Sensex opened at 15,238.70/ 51,903.86 and due to constant selling pressure, erased over 100/400 points. Among sectors, financial services, auto and private banks witnessed selling pressure, while the Nifty PSU Banks gained the most, rallying over 5.50 per cent. We are of the view that the market is likely to continue the narrow range activity and PSU Banks and selective midcap and smallcap stocks will outperform in the near ...