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Raja Venkatraman, MarketSmith recommend five stocks for 25 May
The Indian stock market closed higher on 24 May, driven by gains in banking stocks despite inflation and crude oil concerns. Recommended stocks for purchase include Sheela Foam, Max Financial, Poly Medicure, Meesho, and Dynamatic Technologies as they show potential for recovery and growth.
Sensex Today | Stock Market LIVE updates: GIFT Nifty down 150 points, Max Financial Services in focus
Stock Market LIVE Updates: Every upmove on the Nifty is getting sold into. That has been the texture of this market for most parts of the last two weeks. Thursday was no different. Adding to that is the return of oil at $100 a barrel, despite the US allowing temporary purchase of Russian oil already at sea. Reversing the sell-on-rallies template will be the first priority for the Nifty bulls. For the Nifty, which has already entered a "technical correction," Thursday's panic low of 23,556 becomes the first important level to watch on the downside, Watch this space for all the LIVE Updates.