---Advertisement---

Business

Sensex surges 400 points, Nifty at 22,651; Hindalco, HDFC top picks, know which stock to avoid on March 24

The Sensex opened higher by around 1,500 points to reach 74,212.47, while the Nifty rebounded over 365.80 points to trade near 22,878.45, reflecting strong early optimism during the opening session. However, a correction was seen in the second hour of trading.


Share Market LIVE Updates: With Trump signaling a delay in plans to strike Iran, markets recovered sharply on Tuesday, easing global risk concerns. The Sensex opened higher by around 1,500 points to reach 74,212.47, while the Nifty rebounded over 365.80 points to trade near 22,878.45, reflecting strong early optimism during the opening session. However, a correction was seen in the second hour of trading. Following Trump’s announcement, crude oil prices also eased to around USD 110 per barrel from USD 114, offering some relief to import-dependent economies like India.

Stocks for buy/pick

StockRecommended ByTarget Price (Rs )Potential UpsideRationale
HindalcoMotilal Oswal1,110~27%Benefit from structural demand in EVs and renewable energy.
Ipca LabsMotilal Oswal1,820~18%Recovery in domestic formulations and export growth.
HDFC BankMotilal Oswal1,100~38%Assurance on corporate governance and interim leadership provides comfort.
Belrise Ind.Bajaj Broking / JM Financial204 – 225~14-22%Rebounding from key support levels with a favorable risk-reward setup.
Coal IndiaJefferies / SBI Securities485~20%High power demand expectations and rising global coal prices.
Glenmark PharmaHSBC2,600Recent FDA approvals expected to boost US sales trajectory.
Jayaswal NecoBajaj Broking81~15%Forming a strong base at long-term support levels.

---Advertisement---

Stocks for avoid/sell

StockRecommended ByRatingTarget PriceRationale
Titan CompanyMacquarieUnderperform₹3,200Slowing growth in the jewelry segment and high valuation concerns.
IndusInd BankGlobal BrokerageSell / Reduce₹1,250Rising credit costs and concerns over unsecured loan exposure.
AstralTechnical AnalystsSell₹1,740Stock has broken below its 200-day Moving Average (DMA) with high volume.
Navin FluorineTechnical DeskSell₹2,850Sustained selling pressure and a “lower high, lower low” formation on the daily chart.

---Advertisement---

First published on: Mar 24, 2026 10:45 AM IST


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Leave a Reply

You must be logged in to post a comment.
Related Story

Live News

---Advertisement---


live

[Live Update] Breaking news today, March 25: Iran agreed ‘it will not to have nuclear weapon’, sent big present to US Trump

Mar 25, 2026
Donald Trump
  • 06:47 (IST) 25 Mar 2026

    Iran agreed ‘it will not to have nuclear weapon’

N24 Shorts Logo

SHORTS

World

Iran-US-Israel war to end on THIS date? Israeli media makes BIG revelation on Donald Trump’s ‘secret’ plan

US is reportedly aiming to end the Iran conflict by April 9, with possible talks in Islamabad, though military actions and denials from Iran continue.

View All Shorts

---Advertisement---

Trending