Stock market today: The Nifty 50 is set to witness another breakout as the US Fed rate cut buzz gains momentum. As investors, it is crucial to stay on top of the market trends and make informed decisions to maximize gains. In this article, we will delve into the top 10 global cues for today's trade, analyze the Sensex and Nifty movements, and highlight five stocks to buy or sell on Tuesday.
According to Moneycontrol, the top 10 global cues for today's trade include the US Fed rate cut buzz, global market trends, and economic indicators. As the US Federal Reserve is set to announce its interest rate decision, investors are closely watching the market movements. A rate cut by the US Fed is expected to boost the global economy and lead to a surge in the stock market.
CNBCTV18 reported that the Sensex is aiming for another breakout on Financial Services expiry day. With the expiry of the September series, the market is expected to witness a significant movement in the Sensex and Nifty. As the expiry approaches, investors are advised to be cautious and monitor the market trends closely.
Upstox reported that NTPC, JSW Steel, and Hindalco were the top gainers for September 16, with significant gains in the NIFTY. The top losers for the day included several stocks that are expected to decline in the coming days. It is essential to keep a close eye on the top gainers and losers to make informed investment decisions.
The Financial Express reported that the GIFT Nifty indicates a positive start for Sensex and Nifty, with Indo Count and Reliance Infra in focus. As the market is expected to open on a positive note, investors are advised to be prepared for a potential surge in the Sensex and Nifty.
In light of the market trends and global cues, we recommend the following five stocks to buy or sell on Tuesday:
- Buy: NTPC - With significant gains in the NIFTY, NTPC is expected to continue its upward trend. Investors can consider buying NTPC stock for potential long-term gains.
- Sell: JSW Steel - As the stock has already gained significantly, investors can consider selling JSW Steel to book profits and avoid potential losses.
- Buy: Hindalco - With its significant gains in the NIFTY, Hindalco is expected to continue its upward trend. Investors can consider buying Hindalco stock for potential long-term gains.
- Sell: Reliance Infra - As the stock is expected to decline, investors can consider selling Reliance Infra to avoid potential losses.
- Buy: Indo Count - With the GIFT Nifty indicating a positive start, Indo Count is expected to surge in the coming days. Investors can consider buying Indo Count stock for potential short-term gains.
In conclusion, the Nifty 50 is set to witness another breakout as the US Fed rate cut buzz gains momentum. Investors are advised to stay on top of the market trends and make informed decisions to maximize gains. With the top 10 global cues for today's trade, Sensex and Nifty movements, and the recommended stocks to buy or sell, investors can navigate the market with confidence.