Nifty to rise for 7th day? Positive bias seen; analyst picks 3 'Buy' stocks

Bajaj Finance, Coal India and Hindustan Aeronautics are the buy recommendations given by Ajit Mishra of Religare Broking

Markets extended their positive streak on Wednesday, gaining nearly half a per cent. After a gap-up start, the Nifty index moved within a narrow range during the first half, but volatility in the latter part of the session trimmed some gains, and it finally settled at the 24,973 level. Sector-wise, Nifty IT continued its recovery with gains of over 2.5 per cent, followed by strength in realty, financials, and energy. In contrast, the auto sector witnessed profit booking after several sessions of outperformance, shedding over a per cent. 

 

Market breadth remained positive, reinforcing the bullish undertone across both frontline and broader markets, with the midcap and smallcap indices advancing in the range of 0.75 per cent to 1 per cent.