Stocks to BUY Today, September 3: The Indian stock market is expected to start on a positive note on Thursday (September 3), potentially snapping its declining streak, as indicated by GIFT Nifty.
As of 7:50 am IST, GIFT Nifty was trading 0.5 per cent higher at 24,092.50. 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, Lokesh Sethia, founder at SR Wealth Research, has recommended a few stocks that could potentially be bought during Thursday’s trading session.
Stocks to Buy Today
Here are the top stock picks suggested by Lokesh Sethia, along with their target prices and stop-loss levels:
SAIL Share Price Target Today
Lokesh Sethia has recommended a BUY call on SAIL, with target prices of Rs 205 and Rs 211 and a stop-loss at Rs 192.
Finolex Chemical Share Price Target Today
Lokesh Sethia has recommended a BUY call on Finolex Chemical, with target prices of Rs 62 and Rs 65 and a stop-loss at Rs 44.
| Top picks today | Stop Loss | Target |
| SAIL | Rs 192 | Rs 205 and Rs 211 |
| Finolex Chemical | Rs 44 | Rs 62 and Rs 65 |
Asian Markets Today
Asian markets traded mixed on Thursday (September 3), with major indices posting varied moves.
Japan’s Nikkei 225 ticked higher at 64,380. South Korea’s KOSPI traded 1.3 per cent lower at 6,645.49, while Hong Kong’s Hang Seng gained 0.4 per cent to 25,402. Meanwhile, China’s Shanghai Composite traded 0.5 per cent lower at 3,960.32.
Stock Market on September 2
Indian stock markets declined for the third consecutive day on Wednesday (September 2), with the benchmark Sensex closing nearly 374 points lower as escalating US-Iran tensions, soaring oil prices and other factors spooked investors.
The 50-share NSE Nifty slumped 141.35 points, or 0.59 per cent, to end at 23,914.45. The index moved between a high of 23,914.45 and a low of 23,786.80 during the day.
(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.)
