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The budget day always holds its relevance in forecasting the economic outlook of the nation, which is simultaneously being reflected through the equity markets, says brokerage house Angel One. It has come out with 4 technical picks for tomorrow's budget. Let's take a look.
Nifty hit a new level and lost some ground at open. The index closed at a fresh peak.
The Indian benchmark indices rose in trade today with the Nifty50 reclaiming the 20,000 mark and the BSE market cap climbing to the $4 trillion mark. Domestic brokerage house Religare Broking has come out with 3 technical picks.
Experts recommend buying technically and fundamentally sound stocks in the current volatile market.
The market outlook for the near term is uncertain and experts recommend buying technically and fundamentally sound stocks at the current juncture.