Buy or sell: Sumeet Bagadia recommends these three Independence Day stock picks. Should you buy?
Buy or sell stocks, Aug. 15 -- Stock market benchmarks, the Sensex and Nifty 50, closed lower on Friday, August 14, ending their two-week winning run. Investor sentiment remained subdued amid uncertainty over a potential US-Iran peace agreement, fluctuations in crude oil prices, rising bond yields, and growing concerns about a possible resurgence in inflation.
The Sensex fell 71 points, or 0.09%, to settle at 78,009.25, while the Nifty 50 declined 30 points, or 0.12%, to close at 24,366.
Nifty 50 ended the session at 24,366, down 29.85 points (-0.12%), after opening at 24,361.90, while touching an intraday high of 24,405.20 and a low of 24,296.80. The index experienced a range-bound yet volatile session, with price action oscillating wi...
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