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Indian stock market dips despite strong ‘buy’ calls on key stocks

A late-week slump erased recent gains, yet brokerages remain bullish on select stocks. Will investors bet on the rebound?

This image is clicked in a room, where it looks like Store. There are so many bottles in this image...
This image is clicked in a room, where it looks like Store. There are so many bottles in this image and cans. There is a Banner in the middle which is indicating Supra brand. Bottom right corner there is a logo LM.

Indian stock market dips despite strong ‘buy’ calls on key stocks

Indian stock markets saw mixed movements in recent trading sessions, with key indices closing lower on the last day. The Sensex dropped by 400.76 points, ending at 85,231.92, while the Nifty 50 fell by 124 points to 26,068.15. Despite this dip, several brokerage firms have issued strong 'buy' recommendations for multiple companies, predicting significant upside potential in the coming months.

Over the past five trading sessions, the Sensex had risen by 0.5 percent, while the Nifty 50 gained around 0.4 percent. However, the latest session reversed some of those gains, with both indices declining by 0.47 percent.

Despite the recent market dip, brokerage firms continue to see strong growth potential in select stocks. The 'buy' ratings for companies like Lodha Developer, WeWork India, and 360 ONE WAM reflect confidence in their future performance. Investors will be watching closely to see if these projections hold as the market evolves.

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