Stock price: Among the stocks that investors can bet on today, IT stocks are likely to rise
Stock Price: The new trading week of Indian stock market started on Monday, July 15, 2024. The Indian stock market started today with a good uptrend. Stock market is showing good growth in some sectors. The Nifty 50 is trading at 24,545.10 today with a marginal gain of 0.17%. The BSE Sensex is trading up 140 points at 80,628.10 today. Currently the market is witnessing good growth in the auto, healthcare, IT and oil and gas sectors. According to analysts, mid and small cap stocks will trade flat today. Real estate and capital goods may see some pressure. Today, some select stocks in the Indian stock market may see a rally, which could be a golden opportunity for investors. Let us know which stocks to bet on today. Also Read: Reliance-Infosys shares to rocket this week, MTNL MTNL's full name Mahanagar Telephone Nigam Ltd could give the market new highs. It provides landline phone, broadband, fiber to home, mobile services, toll free services etc. It is a small cap stock, trading at Rs 49.37. Experts advise to buy it and its first target price is set at Rs.48.50. Its second target price is set at Rs.51. The trading price of this company is Rs.46.20. Investors can take a stop loss of Rs 43.90 to keep their money safe. Muthoot Finance Muthoot Finance is India's largest non-banking company offering gold loans. Experts advise to buy it. Analysts have placed the first target price on the stock at Rs.1912. Its second target price is Rs 1975. The trading price of this company is Rs.1847. Investors can keep a stop loss of Rs.1783 to keep their money safe. Satluj Jal Vidyut Nigam (SJVN) Satluj Jal Vidyut Nigam is one of the largest public sector enterprises in India. It is a large cap company. Its trading price has been kept at Rs.151. The first target price for this stock is Rs.158. The second target price for this stock is set at Rs.167. Investors can keep a stop loss of Rs.144 to keep their money safe. Tech Mahindra: This company is a large cap company that deals in IT and software. The trading price of this stock is kept at Rs.1505. The first target price for this stock is Rs.1550. The second target price for this stock is set at Rs.1590. Investors can keep a stop loss of Rs 1460 to keep their money safe. Also Read: Business News: Strengthen Your Credit Score, You'll Get Loans Easier