Vardhman Textiles

Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%. Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.

The Sensex and Nifty 50 dropped over 1% on April 24 amid crude oil price hikes and IT sector declines. Mixed global cues and geopolitical uncertainties affect market sentiment. Analysts suggest buying Vardhman Textiles, Vijaya Diagnostic, and Polyplex based on positive trends and technical analysis.

Stock market today: Experts have recommended these eight stocks to buy today — Vardhman Textiles, Chambal Fertilisers, Asian Paints, Power Grid Corp, Aurobindo Pharma, TD Power Systems, BSE, and Netweb Technologies

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — MCX, Precision Wires India, Vardhman Textiles, Apollo Hospitals Enterprise, and CCL Products (India).

Stock market today: Experts have recommended eight stocks to buy today — Vardhman Textiles, ABSLAMC, BHEL, Cummins India, and JSW Energy

The Indian stock market continued its bull run on February 4, with Nifty 50 up 0.22% and S&P Sensex up 0.12%. Tech stocks faced heavy losses, particularly the Nifty IT index which dropped 6%, while broader markets outperformed with Nifty Midcap 100 and Smallcap 100 gains.

Textile stocks including Vardhman Textiles and Gokaldas Exports surged up to 17% as optimism about a US-India trade deal grows. Current import duties could drop from 50% to 15-16%, potentially boosting Indian exports significantly.

India-US trade deal: Among textile stocks, Gokaldas Exports share price jumped as much as 9.68%, Welspun Living shares rallied 8.88%, Vardhman Textiles stock price surged 7.9%, Pearl Global Industries shares gained 6.2%, while KPR Mill shares rose 3.29%.