Stocks to BUY Today, August 18: The Indian stock market is expected to start on a weaker note on Tuesday (August 18), taking cues from Asian markets, while the GIFT Nifty traded flat.
As of 8:20 am IST, the GIFT Nifty traded flat, or 21.5 points, at 24,297. The GIFT Nifty is a pre-market indicator for the Nifty 50 and often signals whether the benchmark index is likely to open higher, lower or flat based on global market cues. (GIFT Nifty Today)
Ahead of the trading session, SEBI-registered research analyst Kunal Bothra has recommended a few stocks that could potentially generate gains for investors during Tuesday’s session.
Japan’s Nikkei 225 traded over 1.5 per cent lower at 68,049, while South Korea’s KOSPI slipped 0.7 per cent to 6,923.87. Hong Kong’s Hang Seng also mirrored the trend, trading around 0.8 per cent lower at 25,278. China’s Shanghai Composite slipped 0.4 per cent to 3,967.23.
The 50-share NSE Nifty declined 78.35 points, or 0.32 per cent, to end at 24,287.65, extending its losing streak to the fifth consecutive session.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
