Market Trading Guide: Mazagon Dock, BEML are among 4 stock recommendations for Wednesday

  • Posted on April 29, 2025
  • By Business News Today
  • 1 Views
Market Trading Guide: Mazagon Dock, BEML are among 4 stock recommendations for Wednesday

Indian frontline indices managed to end with minor gains on Tuesday, registering their second successive positive closing. The indices traded in a narrow range amid volatility as the India-Pakistan tension weighed on the markets. The BSE Sensex was up 70.01 points or 0.09% at 80,288.38, while the Nifty gained 7.45 points or 0.03% to end the day at 24,335.95.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that Nifty's choppy trade was in a narrow range throughout the day before the index closed with a spinning top-like formation. "Consolidation may continue in the short term, especially as the index has yet to give a decisive breakout above 24,550, where the 61.80% retracement level lies. On the lower end, support is placed at 24,250; a breach below this level could trigger increased selling pressure in the market," De said. Here are 4 stock recommendations for Wednesday: Stock Ideas
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