Jindal Steel to NTPC - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment

Indian benchmark indices opened lower on Wednesday amid rising crude prices and Middle East tensions, with Nifty 50 down 0.41 percent at 24,089.20 and Sensex down 0.50 percent at 77,079.37. Jay Thakkar of ICICI Securities recommends buying Jindal Steel, NTPC, and Aditya Birla Capital futures in the F&O segment for short-term trades, citing bullish technical patterns and short-covering potential. The broader market outlook remains range-bound between 24,000 and 24,300, with a buy-on-dips strategy advised as FII selling has slowed and India VIX stays low near the 12-13 range.