Stock market recap, May 4 -- Indian equities ended the holiday-truncated week only marginally higher, as stalled talks between the US and Iran and US President Donald Trump's rejection of Tehran's proposal to remove the blockade of Hormuz pushed crude prices to a three-year high of $126 per barrel.
The Nifty 50 slipped 0.3% to 23,997.55, while the Sensex fell 0.8% to 76,913.5 on Thursday amid geopolitical concerns. Indian markets were shut on Friday due to Maharashtra Day.
With a lot of events lined up, we are looking at how to position ourselves and tread further.
Three stocks to trade, recommended by NeoTrader's Raja Venkatraman:
SYNGENE (Cmp Rs.467.65)
SYNGENE: Buy above Rs.470, stop Rs.439 target Rs.520 (Multiday)
DCMSHRIRAM (Cm...
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