Sensex, Nifty set for volatile session amid F&O expiry and global market declines
Expect volatility in domestic markets due to weak global cues, F&O expiry, and escalating tensions in West Asia.
Stay updated with breaking news from Technical Analyst. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Expect volatility in domestic markets due to weak global cues, F&O expiry, and escalating tensions in West Asia.
Experts predict Nifty 50 may test support at 22,650 and 22,400 levels before Lok Sabha election results, with cautious bullish trends.
Given the volatility, which hit a fresh two-year high at around 24 ahead of the mega event - Lok Sabha election results, the Nifty 50 index is likely to consolidate further with immediate support at 22,800 and then 22,600, whereas 23,000 is expected to be the hurdle on the higher side.
Stocks to buy: Analysts recommend nine stocks for short-term gains, including Tata Motors, Tata Consumer Products, and Larsen & Toubro. Potential double-digit returns are projected in the near term.
The market's mood is expected to remain upbeat, albeit highly volatile, as it approaches the exit poll as well as the general election results, according to experts.