New Delhi, Oct. 16 -- Indian benchmark indices staged a strong rebound, snapping a two-day losing streak and closing at a one-month high amid broad-based buying. The Sensex jumped 575 points to end at 82,605.43, while the Nifty 50 settled at 25,323.55, 0.73%.
The rally was supported by gains across the broader market, with the BSE Midcap index rising 1% and the Smallcap index adding 0.7%.
Three stocks to trade, recommended by NeoTrader's Raja Venkatraman:
Welspun Enterprises Ltd (Cmp Rs.562.85)
WELENT: Buy above Rs.563, stop Rs.539 target Rs.625 (Multiday)
P/E: 25.47,
52-week high: Rs.664.10,
Volume: 1.99M.
Adani Energy Solutions (Cmp Rs.944.20)
ADANIENSOL: Buy above 950, stop Rs.925 target Rs.990 (Intraday)
P/E: 163.40,
52-wee...
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