Stock market will open with gains for the 5th consecutive day, June expiry contracts will expire today, keep an eye on these stocks
Due to positive global signals, the stock market can open with gains for the 5th consecutive day today. Gifty Nifty is trading with gains at the levels of 25.292. June 26 is the monthly expiry of the June series of F&O, so today is going to be an important day for the traders of the future and option segment.
Today is a very important day for the stock market because June 26 is the monthly expiry of the June series of F&O. The notable point is that, supported by positive global signals, the stock market is likely to open with gains for the fifth consecutive day today. Gifty Nifty is trading with gains at the level of 25.292. Meanwhile, Asian markets are also trading with gains.
Today, some selected stocks show promising action in the news. These include shares of companies like Mobikwik, Policy Bazaar, Taxmo Rail, and JSW Infra.
Over the last few trading sessions, Nifty50 has strong support around 24,750-24,700, while 25,200 is a significant resistance. The positive note is that yesterday the benchmark closed at the level of 25244, meaning it closed above the resistance level.
