Indian benchmark indices remained range-bound on Tuesday and settled marginally lower amid monthly expiry. Traders shall be looking at RBI’s monetary policy due later today ahead of holiday on Thursday. BSE Sensex shed 97.32 points, or 0.12 per cent, to settle at 80,267.62, while NSE's Nifty50 fell 23.80 points, or 0.10 per cent, to close at 24,611.10.
Select buzzing stocks including Hindustan Zinc (HZL) , Bank of Baroda (BoB) and Samman Capital are likely to remain under the spotlight of traders for the session today. Here is what Rajesh Palviya, SVP of Research at Axis Securities has to say about these stocks ahead of Wednesday’s trading session:
Bank of Baroda | Buy | Target Price: Rs 247 | Stop Loss: Rs 247
Bank of Baroda has confirmed a Triangular formation breakout at Rs 255 level