Markets ended lower after Monday’s rally as profit booking, heavyweight weakness and caution over the new closing auction mechanism weighed on sentiment. Analysts recommended buying Deepak Fertilisers and Paytm, citing strong technical setups, bullish momentum and favourable risk-reward for the near term.
Market Trading Guide: Paytm among 2 stock recommendations for Wednesday
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Markets ended lower after Monday’s rally as profit booking, heavyweight weakness and caution over the new closing auction mechanism weighed on sentiment. Analysts recommended buying Deepak Fertilisers and Paytm, citing strong technical setups, bullish momentum and favourable risk-reward for the near term.
Key Highlights
Markets ended lower after Monday’s rally as profit booking, heavyweight weakness and caution over the new closing auction mechanism weighed on sentiment.
Analysts recommended buying Deepak Fertilisers and Paytm, citing strong technical setups, bullish momentum and favourable risk-reward for the near term..
Source
Economic Times
Published
5h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.