Copyright © HT Digital Streams Limit all rights reserved. Market three bank and financial services shares to buy today: Ankush Bajaj’s recommendations for April 4 Ankush Bajaj 3 min Read 04 Apr 2025, 05:30 AM IT Three Bank and Financial Services Shares to Buy Today: Ankush Bajaj’s recommendations for April 4. Summary Three Bank and Financial Services Services To Buy Today: Discover the knowledgeable shares of Ankush Bajaj for April 4. Get insights into the best performing stocks and informed investment decisions. The Indian stock market saw a volatile session on Thursday, as investors have remained careful amid worldwide economic uncertainties and US tariff decisions. Three Bank and Financial Services shares to buy today, as recommended by Ankush Bajaj Buy: IDFC First Bank (current price: £ 60,35) Why it is recommended: The stock gave a triangle pattern outbreak on the hour card, with a bullish momentum supported by RSI above 60 on the daily map. IMPORTANT STATISTICS: RSI: 62, Volume boom about breakout, 52-week high: £ 87.20 Technical analysis: Triangle break confirmed; Strong support that was seen around £ 55 continued RSI Strength support upside down. Risk factors: Sensitive for tariff increasing cycles and PSU bank sentiment. Buy at: £ 60.35 Target Price: £ 66 – £ 70 in 2-3 weeks Stop loss: £ 54.90 Buy: Bandhan Bank Ltd. (Current price: £ 156.60) Why it is recommended: The stock showed bullish behavior with strong support at lower levels, which is a potential tendency. Important Statistics: RSI: 62, Volge Surge on Breakout, MACD 1.43, ADX 17.75 Technical Analysis: Stock gave an upper exposition of a falling wedge pattern on the daily chart and also a triangle outline on the hourly map, which indicates a strong upward momentum. Risk factors: Potential market volatility and sector -specific risks can affect the performance of stocks. Buy at: £ 156.60 Target Price: £ 180 – £ 185 in 2-3 weeks Stop loss: £ 145 Buy: IIFL Finance Ltd. (Current price: £ 350.45) Why it is recommended: The share has shown bullish signs with strong technical indicators that support the upward momentum. IMPORTANT STATISTICS: RSI (DAILY): 61.7, volume above the 10 -day average, 52 weeks high: £ 450 technical analysis: Stock gave a rising wedge outbreak on the hour map, and RSI above 60 on the daily chart confirms the ongoing bullish momentum. Risk factors: Sensitive to interest rate movements and NBFC sector regulations. Buy by: £ 350.45 Target Price: £ 408 – £ 415 in 2-3 weeks Stop loss: £ 322 Also Read: Trump’s Rate Stant: Asian markets rattled, India is doing better and Nifty Bank updates the Indian stock market on Thursday, April 3, 2025, as the indexes opened with a gaps, but within the first half of the day. However, the sales pressure near the 23,300 resistance level stopped the recovery, which led to a poor closure. Investors remained careful because global economic uncertainties and emerging decisions of the United States weighed on sentiment. Benchmark indices: A capable session ends mixed the market did not maintain its early recovery, with benchmark indices closed with minor losses. The BSE Sensex finished 322.08 points (0.42%) at 76,295,36, struggling to maintain its momentum. The NSE Nifty 50 dropped 82.25 points (0.35%), with 23,250.10 after a strong resistance at higher levels. Meanwhile, Bank Nifty climbed 249.30 points (0.49%), closed at 51,597,35, with a relative strength compared to broader indices. Sectoral Trends: Mixed performance While markets are struggling, the market saw how a divided performance was in sectors, with defensive plays that get traction, while other segments sold pressure. The pharmaceutical sector led the Gainers, rising 2.25%, supported by interest in healthcare shares. The health care index followed carefully and achieved 1.98%, while PSU banks climbed 1.94%, attracting institutional inflows amid uncertainty. On the losing side, the car sector fell 1.14%, with a view to the wind of profit discussion. The metal sector fell 0.82%, affected by poor global clues, while the service sector fell by 0.66%, reflecting the cautious sentiment among investors. Stock -specific highlights: Profits and losses PowerGrid appeared as the top profit, with 4.31%, as defensive shares still attract the buying interest. Sun Pharma increased by 3.29%and expanded its strong momentum, while Ultratech rose 3.16%, powered by positive sales prospects. Conversely, it struggled throughout the session, with TCs leading the losers, by 3.97%. Tech Mahindra followed and fell 3.77%, while HCL Tech dropped 3.76%, reflecting the persistent weakness in the technological space. The Indian stock market prospects on the daily map, Nifty, trade between the 20 EMA and the 100 EMA, with the 20 EMA on 23.129 acting as a strong support level. The RSI is at 54, and the MACD signal line trades above the MACD line, which indicates that bulls are currently in control. Take a look at the full Image Tradeview Technical Indicators: Nifty on Hourly Map on the hourly chart, Nifty shows signs of weakness, with the RSI dissertation at 38 and the MACD below the zero line, indicating a good momentum. Look at the full Beeld Tradingview Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantees the performance of the intermediary or gives any returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #Markets Premium #Stocks to Buy Currency Specials
-
-
-
-
