Wed Nov 20 03:38:14 UTC 2024: ## Indian Stock Markets Close Higher Despite Late Dip

**Mumbai, November 19, 2024** – Indian stock markets ended Tuesday’s trading session with gains, despite a late-day dip from intraday highs. The Sensex and Nifty both closed in positive territory, fueled by strong performance in government-owned companies following new capital restructuring guidelines.

The Nifty PSE index surged nearly 2%, with IRFC, BHEL, REC, and OIL witnessing gains between 3% and 5%. The Nifty Auto index also continued its upward trend, rising nearly 2.75% for the third consecutive day.

Several market experts offered short-term trading recommendations before the market close. These included buying options in Infosys, Chola Investment, Cipla, and Popular Vehicles. Specific recommendations included:

* **Eicher Motors:** JM Financial’s Sony Patnaik suggested buying November expiry call options at around ₹33.25, targeting ₹60-75 with a stop-loss at ₹10.
* **Bank of Baroda:** Rachana Vaidya of rachanavaidya.in advised selling futures contracts, aiming for a price target of ₹235-237, with a stop-loss at ₹242.50 and a buy order at ₹240.
* **Dr. Lal PathLabs:** Manas Jaiswal of manasjaiswal.com recommended buying at ₹3071 with a stop-loss at ₹3034, targeting ₹3100-3120.
* **Avanti Feeds:** Mayuresh Joshi of Marketsmithindia suggested a mid-cap investment at ₹611, anticipating good long-term upside potential.

**Disclaimer:** The investment advice provided here reflects the personal opinions of the experts and should not be considered financial advice. Consult a certified expert before making any investment decisions.

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