Day trading stocks to buy today: Monday, April 29, saw major rises in the domestic benchmark indices, the Sensex and the Nifty 50, driven by robust purchasing in banking and finance stocks following sectors results for March quarter. On day trading stocks for Tuesday, Ganesh Dongre of Anand Rathi recommended three shares to buy today - Bajaj Finserv Ltd, State Bank of India, and Bank of Baroda.
Open FlipUltraTech Cement share price gained over 2% on Tuesday after the Aditya Birla Group’s flagship cement maker reported its Q4 results. UltraTech Cement shares rose as much as 2.38% to ₹10,200 apiece on the BSE.UltraTech Cement Q4 results were announced on Monday and the stock had ended 2.7% higher during the session. The country’s largest cement manufacturer reported strong earnings for January.
Open FlipThe economic outlook for 2024 is taking an unexpected turn as economists at Macquarie have revised their predictions for interest rates, now suggesting a potential hike. In a recent note, Macquarie’s strategists indicated that the likelihood of a Federal Reserve interest rate cut in 2024 is minimal, with the possibility of an interest rate hike.
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