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• Sensex and Nifty are likely to open lower today as global cues remain weak.
• Market experts have recommended several breakout and strong stocks for today’s trade.
• Investors are eyeing today’s opening as Gift Nifty is trading at a discount of around 199 points.

India Share Market Update: Indian stock markets are expected to open in the red today, given the weak cues in global markets and the risk of a US-Iran war. Major indices of the Indian stock market, Sensex and Nifty 50, are likely to open lower today, Tuesday, July 14. Trends in Gift Nifty are also signaling the beginning of a gap-down for the Indian benchmark index. GIFT Nifty was trading at 24,044, at a discount of nearly 199 points from the previous close of Nifty futures.

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On Monday, Indian stock market indices closed slightly higher, while the benchmark Nifty 50 held above the 24,200 level. The Sensex closed up 47.01 points, or 0.06 percent, at 77,616.40, while the Nifty 50 gained 4.10 points, or 0.02 percent, to settle at 24,211.00. Bank Nifty closed up 85.55 points, or 0.15 per cent, at 58,131.45 on Monday. (Photo Courtesy – AI Created)

Sumeet Bagdia of Choice Broking, Ganesh Dongre, Senior Manager, Technical Research at Anand Rathi and Shiju Kuthupalakkal, Senior Manager, Technical Research at Prabhudas Lilladhar have recommended eight stocks for investors to buy in today’s trade. Stocks recommended by Indian stock market experts include Laurus Labs Limited, One97 Communications Limited (Paytm), Kotak Mahindra Bank Limited, Bharat Forge Limited, Bharat Electronics Limited (BEL), Epack Prefab Technologies Limited, Netweb Technologies India Limited and Arvind Limited.

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Sumeet Bagdia, Executive Director, Choice Broking, recommends five breakout stocks for investors to buy today. Stocks picked by Sumeet Bagdia include Welspun Living, PCBL Chemical, Tarsons Products, Saregama India and Neogen Chemicals. Investors in the Indian stock market today can focus their attention on Tata Lxy, L&T Tech, HCL Tech, ICICI Prudential Life Insurance Company, Bharat Electronics Limited, Grasim Industries, Mcure Pharma, State Bank of India, Welspun Enterprises, Container Corporation of India, Poonawala Fincorp.

(Note: The information in the above article is based on individual analysts and experts. Navarashtra.com does not make any claim. We advise investors to consult certified experts about stocks before taking any investment decision.)