SRF

The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.

Buy or sell: Vaishali Parekh recommends three stocks to buy today — RVNL, SRF, and PCBL

Stock market today: Experts have recommended eight stocks to buy today — ABSLAMC, Timken India, Sai Life, SRF, PNB, Power Grid Corporation, Syrma SGS Technology, and Granules India

Shares to buy or sell: Chandan Taparia has recommended one stock to buy today – Tech Mahindra – and has recommended selling Info Hindustan Aeronautics and SRF stock futures. Check target prices and stop losses for these stocks to trade today.

The Nifty 50 and Sensex declined on Wednesday, influenced by geopolitical tensions in the Middle East and fluctuating oil prices. Despite recent losses, Nifty 50 closed above 24,000, with analysts predicting potential rebounds if support holds at this level.

In its model portfolio, Emkay Global has added Indus Towers, SRF, Infosys, and HCL Technologies, while exiting Sun Pharmaceutical Industries, Gravita India and Mphasis. It has trimmed its positions in Maruti Suzuki India, Larsen & Toubro (L&T), and Craftsman Automation.

For SRF, the benefits of additional capacity will accrue gradually, and near-term hinges on the specialty chemicals business.

The Indian stock market fell for the third consecutive day on January 21, with the Nifty down 0.3% and Sensex down 0.25%. Concerns over US tariff threats and disappointing corporate earnings contributed to the declines, alongside significant foreign portfolio investor sell-offs.