MediumPositive
Announced Wed, 17 Jun · 09:33 IST
Dixon to BEL - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Indian benchmarks opened higher on Wednesday, with the Nifty 50 up 0.23% at 24,044.50 and the Sensex up 0.35% at 77,080.09, extending a three-session rally of 3.6% and 4% respectively, driven by falling crude oil prices after a US-Iran peace announcement. Brent crude traded near $79 per barrel, easing inflation concerns for India, while the India VIX dropped sharply to 13.40 and FII outflows in equities and index futures were expected to reverse. Jay Thakkar of ICICI Securities recommended Dixon Technologies, BEL, and Container Corporation of India futures for short-term trades, with technical analysis suggesting Nifty 50 could target 24,500 and then 25,000 if it holds above 23,500.