Stock market news today: Nifty 50 trade setup, Trump tariffs, GST reforms; nine stocks to buy or sell on Friday

Today’s stock market: The Nifty may gain the strength it needs to move towards 25,000 if it makes a clear move above 24,750. A prolonged rise above 25,000 might lead to another rally.

Stock market today: As global concerns weighed, the Nifty 50 index, the primary benchmark of the Indian stock market, managed to end Thursday’s trading session with a slight gain of 0.08% at 24,734.30, giving up the majority of the gains driven by the GST Reforms. At 54,075.4, the Bank Nifty also closed flat. Oil & Gas Realty and Metals led the decline in many other sectors, while Auto and FMCG were among the major winners. Even small and mid-cap stocks ended the day about 0.7 lower.

Friday’s Trade Setup

The strength required for the Nifty to move towards 25,000 could be provided by a clear move above 24,750. A prolonged rise above 25,000 might lead to another rally. However, according to Rupak De, Senior Technical Analyst at LKP Securities, if the index doesn’t close above 24,750 in the next two to three days, there may be fresh selling pressure.

According to Bajaj Broking, the Bank Nifty has immediate support between the 53,500 and 53,300 levels.

Trump Tariffs, Global Markets, and GST Reforms

The domestic market closed nearly flat after a strong start as profit booking spread throughout the market, with the exception of beneficiary sectors focused on consumption. The market was negatively impacted today by the rationalization of the GST and the continued threats of tariffs from the US. stated Vinod Nair, Geojit Investments Limited’s Head of Research.

The consequences are unavoidable because the US is India’s top export market, making up 2.2% of the country’s GDP. Through tactics like cross-country billing and establishing manufacturing facilities overseas, businesses are looking into ways to continue exporting to their current clientele. Exports, however, are anticipated to slow down and obstruct new growth prospects,” Nair continued.

Stocks to buy today
Market experts Sugandha Sachdeva, Founder of SS WealthStreet; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher; and Sumeet Bagadia, Executive Director at Choice Broking, suggested the following nine intraday stocks to purchase today: India’s KEI Metro Brands, Yatharth Hospital, Aster DM Healthcare, National Aluminium, Nippon Electricals, Zensar Technologies, and Prestige Estates Projects.

Sumeet Bagadia’s stock picks

1] KEI: Buy at ₹4118, Target ₹4400, Stop Loss ₹3970.

KEI has surpassed the psychological 4,000 mark, indicating renewed momentum. Technically, KEI has shown a steady recovery since April 2025, consolidating in the 3,800–4,000 range. The stock is above its key exponential moving average, indicating a bullish trend continuation. The next resistance is at 4,400, while support is at 3,950–4,000 and the 3920 zone.

KEI presents a promising buying opportunity for those aiming for a 4400 target, with immediate support at 4000. Price action remains aggressive, with strong demand in line with the rising trend. A stop-loss at 3970 is suggested for risk management.

2] India Nippon Electricals: Buy at ₹861, Target ₹920, Stop Loss ₹830.

India Nippon Electricals is experiencing a strong bullish trend, with a 40% upside in four months. The stock has seen a rally from 600 in May 2025 to its current price, supported by rising volumes and technical alignment above key moving averages.

The stock is currently in a bullish zone, with momentum oscillators like RSI and MACD likely in bullish zones. The price is riding the upper Bollinger Band, indicating a sustained uptrend. Traders and investors may find this analysis indicative of potential continued upward momentum in the stock.

Ganesh Dongre’s stocks to buy today

3] Zensar Technologies: Buy at ₹778, Target ₹820, Stop Loss ₹755.

The stock displays a robust and steady bullish trend, suggesting ongoing investor interest and upward price momentum. The stock has a strong support base at ₹755, and it is currently trading at ₹778. Bullish sentiment is reinforced by the recent price action, which points to a reversal from this support, which has historically served as a cushion. The technical setup suggests that there may be a short-term price retracement toward the ₹820 level. A strategic opportunity to profit from the anticipated upward move is presented by entering the current market price with a stop-loss of ₹755, given the renewed strength and the favorable risk-reward ratio. If the stock stays above its main support zone, the outlook is still favorable.

4] National Aluminium: Buy at ₹207, Target ₹222, Stop Loss ₹200.

The stock has demonstrated a robust, noteworthy, and consistent bullish trend, providing short-term traders with yet another encouraging opportunity. The stock has a strong support level at ₹200 and is currently trading at ₹207. A possible price retracement towards the ₹222 level is indicated by the technical setup. Entering at the current market price with a stop-loss at ₹200 offers a sensible strategy to profit from the expected upside as the stock is reversing from a support base and exhibiting signs of renewed strength.

5] Prestige Estates Projects: Buy at ₹1560, Target ₹1620, Stop Loss ₹1540

The stock has demonstrated a robust, noteworthy, and consistent bullish trend, providing short-term traders with yet another encouraging opportunity. With a current price of ₹1560, the stock is holding steady at ₹1540. A possible price retracement towards the ₹1620 level is indicated by the technical setup. Entering at the current market price with a stop-loss at ₹1540 offers a prudent way to profit from the expected upside as the stock is reversing from a support base and displaying signs of renewed strength.

Shiju Koothupalakkal intraday stocks for today

6] Aster DM Healthcare: Buy at ₹636, Target ₹6665, Stop Loss ₹622.

A strong pullback from the ₹590 level has improved the bias to expect a further rise in the days ahead. The stock has been holding above the 50-DEMA level as a good support zone. The RSI can sustain the upward trend and is in a good position, indicating a buy. Given the technically sound position of the chart, we advise purchasing the stock with a stop loss at ₹622 and an upside target of ₹665.

7] Yatharth Hospital: Buy at ₹768.75, Target ₹805, Stop Loss ₹750.

On the daily chart, the stock has shown a string of higher bottom formation patterns, indicating a strong uptrend. In anticipation of a further increase in the upcoming sessions, it has gained momentum to improve the bias and is currently taking support close to the ₹688 to ₹690 zone. The RSI is steadily held and should continue to rise, with upside potential evident. Given the technically sound chart, we advise purchasing the stock with a stop loss at ₹750 and an upside target of ₹805 in mind.

8] Vijaya Diagnostic Centre: Buy at ₹1088, Target ₹1140, Stop Loss ₹1065.

Near the ₹985 zone, the stock has found support. In order to improve the bias anticipation for further rise in the upcoming sessions, it has indicated a respectable spurt to move past the confluence of the 50-DEMA and 200-period SMA zones at the ₹1033 level. Strength is shown by the RSI, which has recovered well and is rising. With so much upside potential visible, it is anticipated to gain even more. Given the technically sound chart, we advise purchasing the stock with a stop loss at ₹1065 and an upside target of ₹1140.

Sugandha Sachdeva’s stock picks for Friday

9] Metro Brands: Buy at ₹1210, Target ₹1300, Stop Loss ₹1160.

Supported by a discernible increase in volume, the stock rose by almost 4.8% in the most recent session, breaking above the short-term resistance of the ₹1,191 mark and closing at ₹1,226.70. The stock is now above its short-term moving averages (20, 50, and 100 EMA), which is a strong bullish indication. The price is moving toward the upper Bollinger Band (₹1,200+ zone) after breaking out above the middle band (₹1,145). A possible beginning of a new uptrend is indicated by band widening. Now, key support moves from the ₹1,160 to the ₹1,165 zone, which is an EMA confluence. As long as the stock stays above this level, the outlook is still bullish.

Disclaimer: The opinions and suggestions expressed above are not those of Times of Dalal Street, but rather those of specific analysts or brokerage firms.Before making any investment decisions, we encourage investors to consult with qualified professionals.