Indian Stocks

In a remarkable surge, India's benchmark stock indices reached unprecedented heights on Thursday, fueled by a global market rally that reverberated across regional markets. This upward momentum followed the U.S. Federal Reserve's clear indication of an impending conclusion to its monetary tightening cycle, setting the stage for heightened expectations of a rate cut in March 2024. The Nifty 50 index exhibited a robust climb of 1.15%, while the S&P BSE Sensex registered a notable rise of 1.24%. Among the major sectors, twelve out of thirteen witnessed gains, with the information technology sector spearheading the charge with an impressive 3% surge. Noteworthy contributors to the Nifty 50's ascent included leading IT firms such as HCLTech, Tech Mahindra, LTIMindtree, Infosys, and Wipro. Despite the Federal Reserve maintaining current interest rates, the revelation in its "dot plot" hinted at expectations of a substantial 75 basis point decrease in rat

In an exclusive discussion with Zee Business Managing Editor Anil Singhvi, seasoned market analysts, including Himanshu Gupta, Kunal Saraogi, Rakesh Bansal, Siddharth Sedani, Rajesh Palviya, and Sumeet Bagadia, reveal their expert insights and present their top stock recommendations in the much-anticipated segment, 'Pick of the Day.' Dive into the strategic minds of these financial gurus as they navigate the dynamic landscape of the stock market, aiming to guide investors towards lucrative opportunities. The spotlight is on four standout stocks that have earned coveted positions on the analysts' 'buy' list: Zydus Lifesciences, Zee Entertainment, Voltas, and Mahanagar Gas Limited. 1. Zydus Lifesciences: Positioned as a frontrunner, Zydus Lifesciences captures the attention of discerning investors. Analysts foresee promising prospects for this pharmaceutical powerhouse, anticipating growth and resilience in the ever-evolving healthcare sector. 2. Zee Enter