Rajesh Palviya of Axis Sec suggests K.P.R. Mill, Olectra Greentech, Nykaa shares to buy today - 19 June (opens original article in a new tab)

Indian stock indices fell on Friday as IT stocks declined, but technical analysts recommend buying specific shares due to positive technical indicators and potential for growth.

• Indian benchmark indices opened lower on Friday, snapping a five-session winning streak due to weakness in IT stocks following Accenture's cautious earnings outlook.
• Rajesh Palviya of Axis Securities suggests buying K.P.R. Mill, Olectra Greentech, and Nykaa shares, citing technical breakouts and bullish momentum for each.
• The Nifty 50 remains above 24,000 with a positive technical outlook, showing higher highs and higher lows, and momentum indicators supporting the bullish trend.