Religare Broking's Ajit Mishra said that the sharp decline has pushed Nifty closer to our initial downside target and support of 23,800. A break below this could extend the correction towards 23,600.
Kunal Kamble of Bonanza has recommended three breakout stocks to buy today -- BEML Ltd, Raymond Ltd, and IFCI Ltd.
Jatin Gedia of Teji Mandi has said that he sees range-bound price action between 23,800 and 24,100 in Nifty from a short-term perspective.
Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.53 per cent and 0.37 per cent lower, respectively
VK Vijayakumar said that the escalation of the US-Iran conflict and the consequent 5 per cent spurt in Brent crude overnight to $96 is a negative for markets.
Analysts noted that Aviation Turbine Fuel (ATF) represents a significant share of airlines' operating cost and any rise in crude oil price is a negative for the sector.
According to Jefferies, the introduction of CAS adversely impacted equity options turnover and contracts in August, which is negative for companies like BSE and Groww.
MOFSL noted that public sector banks continue to command the highest market share in gold loans at 60 per cent as of March 2026.
Annu Projects shares listed at ₹75 on the BSE, a discount of 24.24 per cent against the offer price of ₹99. Meanwhile, on the National Stock Exchange (NSE), it debuted at ₹72, down 27.27 per cent.
Chandan Taparia says that if Nifty crosses 24,100, we could see the index moving towards 24,200-24300. He has recommended buying Persistent Systems, Eternal, & Bajaj Auto shares for the short term
Vinay Rajani of HDFC Securities has recommended buying two stocks today -- KSB Ltd and Stove Kraft
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.39 per cent and 0.23 per cent down, respectively
Jefferies has retained 'Buy' rating on Reliance Industries Limited (RIL) shares and revised the target price to ₹1,710, implying an upside of 33 per cent from the previous close of ₹1,285.
Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.
GRT Jewellers, a leading jewellery retail company, has signed a share purchase agreement (SPA) with the promoters of Tribhovandas Bhimji Zaveri to acquire their stake of 74.12 per cent in the company.
Adani Green Energy emerged as the biggest gainer among Adani Group stocks in intraday trade, rising as much as 4.69 per cent intraday.
Milk Mist, which listed on the bourses on August 18 after a solid response to its initial public offering (IPO), trades 65 per cent above its offer price of ₹140 based on today's intraday high.
The issue is entirely a fresh issue of 52.30 lakh shares of ₹125 crore. Rays of Belief IPO is set issue price band at ₹227 to ₹239 per share. The lot size for an application is 62 shares.
MOFSL said that NBFC asset quality has emerged as the biggest positive surprise, with improved collections and moderated fresh slippages after nearly two years of stress.