Ruchit Jain of Motilal Oswal suggests Grasim, Bank of Maharashtra shares to buy for the short term
New Delhi, June 10 -- Indian equity benchmarks traded firmly higher on Wednesday, demonstrating resilience despite renewed tensions between the United States and Iran. Gains in FMCG, oil & gas, financial, and IT stocks helped support market sentiment, keeping the benchmark indices in positive territory.
The broader market mood remained constructive, with most sectoral indices trading in the green, signalling widespread buying. Defensive sectors led the advance, with FMCG stocks emerging as the top gainers, while financial services, information technology, and oil & gas counters also contributed to the upmove. In contrast, weakness was largely confined to metal stocks and select media names.
As of 14:00 IST, the Nifty 50 was up 0.5% at 2...
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