Thu Oct 23 04:40:00 UTC 2025: Summary:
During the special Muhurat Trading session, Indian benchmark indices experienced slight gains, with the Nifty 50 closing near 25,900 and the Sensex rising marginally. The broader market showed more robust growth, particularly in the midcap and smallcap segments. Analysts are optimistic about future market performance, citing potential drivers like festive season demand, GST rate reductions, and a possible US-India trade agreement. Technical analysis suggests a continued upward trend for the Nifty 50. Several market experts recommended eight stocks for intraday trading: Godawari Power, NALCO, IEX, HUDCO, Infosys, Tilaknagar Industries, Cyient, and Action Construction Equipment Ltd.
News Article:
Indian Stocks See Modest Gains During Muhurat Trading; Experts Bullish on Future Growth
Mumbai – Indian stock markets ended the special Muhurat Trading session on a slightly positive note Tuesday, with the Nifty 50 index closing near 25,900. The Sensex also saw a marginal increase. While the benchmark indices remained relatively stable, the broader market experienced more substantial gains, with the BSE Midcap and Smallcap indices rising by 0.3% and 1% respectively.
“The Nifty 50 has maintained its upward trend, and the market sentiment remains bullish,” said Rupak De, a Senior Technical Analyst at LKP Securities. He added that he anticipates that a rise towards 26,000 or 26,200 appears likely.
Market analysts cite potential catalysts for future growth, including increased consumer demand during the festive season, spurred by GST rate reductions and the possibility of a trade agreement between the United States and India. Corporate earnings are projected to grow at an average annual rate of 12% from FY25 to FY27.
Several market experts have also released their intraday stock picks. Sumeet Bagadia (Choice Broking), Ganesh Dongre (Anand Rathi) and Shiju Koothupalakkal (Prabhudas Lilladher) recommend investors buy Godawari Power, NALCO, IEX, HUDCO, Infosys, Tilaknagar Industries, Cyient, and Action Construction Equipment Ltd. They have cited specific price targets and stop-loss levels for these stocks.
Investors are advised to consult with certified financial experts before making any investment decisions.