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Reading: Shares to purchase or promote: Dharmesh Shah of ICICI Securities suggests shopping for JK Cement tomorrow — 6 January 2025
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StockWaves > Market Analysis > Shares to purchase or promote: Dharmesh Shah of ICICI Securities suggests shopping for JK Cement tomorrow — 6 January 2025
Market Analysis

Shares to purchase or promote: Dharmesh Shah of ICICI Securities suggests shopping for JK Cement tomorrow — 6 January 2025

StockWaves By StockWaves Last updated: January 5, 2025 2 Min Read
Shares to purchase or promote: Dharmesh Shah of ICICI Securities suggests shopping for JK Cement tomorrow — 6 January 2025
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Shares to purchase or promote: The Indian inventory market indices closed decrease after Friday’s market session as traders booked their earnings amid a strengthening greenback and weak international cues. The Nifty 50 index closed 0.76 per cent decrease at 24,004.75 factors, in comparison with 24,188.65 factors on the earlier market shut.

The BSE Sensex index closed 0.90 per cent decrease at 79,223.11 factors on Friday, in comparison with 79,943.71 factors on the earlier market shut. 

Vinod Nair, Head of Analysis at Geojit Monetary Providers, famous that this yr, 2025, is predicted to face a number of challenges like elevated valuations, lowered liquidity, and slower earnings development. But contemplating all these elements, the Indian inventory market stays a lookout for traders.

“Nonetheless, the inventory market stays a viable funding alternative, underpinned by the strong efficiency of the financial system,” mentioned Nair.

Shares To Purchase This Week – Dharmesh Shah

1. Hindustan Aeronautics Ltd. (HAL): Purchase at ₹4,120 – ₹4,210; Goal at ₹4,685; Cease Loss at ₹3,914.

2. JK Cement Ltd. (JKCEMENT): Purchase at ₹4,660 – ₹4,742; Goal at ₹5,330; Cease Loss at ₹4,428.

Disclaimer: The views and proposals above are these of particular person analysts, consultants and broking corporations, not of Mint. We advise traders to test with licensed consultants earlier than making any funding determination.

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