New Delhi, April 24 -- Indian equity markets remained under pressure on 23 April, as rising crude oil prices, continued foreign fund outflows and weak Asian cues weighed on investor sentiment.
The Sensex fell 852 points to 77,664, while the Nifty slipped 205 points to close at 24,173. Market breadth stayed negative, with most sectoral indices ending in the red.
Despite intermittent rebounds, the broader trend remains fragile. Analysts say the market is attempting to stabilize, but the recovery lacks strong follow-through buying. In this cautious environment, stock-specific opportunities are likely to remain in focus.
Three stocks to trade, recommended by Raja Venkatraman:
PRAJIND: Buy above Rs.415, stop Rs.390 target Rs.461 (Multiday)...
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