D-Street
May 30, 2025 at 05:48 AM
3️⃣Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY opened 12 points higher at 24,951 signalling that the Indian stock market is headed for a muted start.
🔴 U.S. stocks closed higher on Thursday, boosted by Nvidia's gains after its earnings report. Meanwhile, investors reacted to a late court ruling that reinstated President Trump's broad tariffs, reversing a trade court's earlier decision to block them.
🔴 The volatility index - India VIX declined by 8.87% to the levels of 16.42 indicating decreasing volatility in the market.
Motilal Oswal's Daily Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) SRF - Target - 3500 (21%)
2) Radico Khaitan - Target - 3000 (20%)
3) Max Healthcare - Target - 1350 (18%)
4) M&M - Target - 3482 (16%)
5) ICICI Bank - Target- 1650 (13%)
Technical Pick (Duration: 2-3 days)
TRENT
Previous close - 5657
Target - 5961
Potential Upside - 5%