Stocks to buy today: M&M, MCX among 6 trading ideas amid Israel-Iran conflict for 23 June 2025
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Stock recommendations for short-term traders (as per market experts):
Expert: Chandan Taparia, Analyst–Derivatives, Motilal Oswal Financial Services Ltd (to ET Bureau)
Expert: Kunal Bothra, Market Expert (to ET Now)
Tired of too many ads?
Remove Ads
The Indian market is likely to open lower on Monday after the United States launched airstrikes on Iran's key nuclear sites at Fordo, Natanz, and Isfahan in the early hours over the weekend.The Nifty futures closed on a positive note, gaining 1.18% to end at 25,096 levels on Friday. Meanwhile, India VIX fell over 4% to close at 13.67 in the previous session.On the options front, the maximum Call Open Interest (OI) is placed at the 25,500 and 26,000 strike prices, while the maximum Put OI is seen at the 24,800 and 25,000 strikes.Call writing was observed at the 25,500 and 25,600 strikes, while Put writing was seen at the 24,900 and 25,000 levels.'Options data suggests a broader trading range between 24,600 to 25,600 zones, with an immediate range between 24,900 to 25,300 levels,' said Chandan Taparia, Analyst–Derivatives at Motilal Oswal Financial Services Limited.'It formed a bullish Marubozu candle on the daily chart on Friday and a bullish candle on the weekly frame, indicating a potential Pole & Flag breakout,' he added.'Now the index needs to hold above 25,000 to move up towards 25,250 and 25,500 zones, while support has shifted higher to 24,950 and then 24,800 zones,' Taparia recommended.Buy | Target: Rs 425 | Stop Loss: Rs 399Buy | Target: Rs 6,365 | Stop Loss: Rs 5,975Buy | Target: Rs 8,425 | Stop Loss: Rs 7,910Buy | Target: Rs 3,220 | Stop Loss: Rs 3,150Buy | Target: Rs 3,350 | Stop Loss: Rs 3,200Buy | Target: Rs 304 | Stop Loss: Rs 288
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
23 minutes ago
- Business Standard
India's Russian oil imports up slightly in January-June, shows data
India's oil imports from Russia rose marginally in the first half of this year, with private refiners Reliance Industries Ltd and Nayara Energy making almost half of the overall purchases from Moscow, according to data provided by sources. India, the world's third-largest oil importer and consumer, received about 1.75 million barrels per day of Russian oil in January-June this year, up 1 per cent from a year ago, the data showed. The two private refiners have term deals to buy Russian oil, while state companies rely on purchases from the spot market. India's purchases of Russian oil sold at discounted rates surged after Western nations imposed sanctions and stopped buying oil from Moscow over its invasion of Ukraine in 2022. Earlier this week, US President Donald Trump threatened sanctions on buyers of Russian exports unless Moscow agrees a peace deal within 50 days. Indian refiners expect that any move by Trump is unlikely to disrupt oil supplies but could wipe out the thinning discount on Russian crude, as traditional and new suppliers ramp up output, refinery officials told Reuters. In January-June, Russia continued to be the top supplier to India, accounting for about 35 per cent of India's overall supplies, followed by Iraq, Saudi Arabia, and United Arab Emirates. The United States was the fifth-largest oil supplier to India, up from the sixth position it held a year earlier, the data showed. India plans to raise energy imports from the U.S. as it prepares for a trade deal with Washington to avoid stiff U.S. import tariffs. Overall, India's oil imports in January-June rose by 4.3 per cent to about 5.2 million bpd, the data showed. In June, India's Russian oil imports rose 17.4 per cent to about 2 million bpd from the previous month, dragging down the share of Middle Eastern producers and the Organization of the Petroleum Exporting Countries.
Economic Times
23 minutes ago
- Economic Times
Bitmine shares soar 15% as billionaire Thiel reveals 9.1% stake
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
The Hindu
23 minutes ago
- The Hindu
Fintech Wise opens office in Hyderabad
London Stock Exchange listed Fintech and Payment Solutions provider Wise has opened a full stack office in Hyderabad that will build products and features for India as well as contribute to the company's global roadmap. Interacting with the media on Tuesday, members of the APAC leadership of Wise said that 70 people across engineering, operations, and HR functions, have been onboarded for the office in Hyderabad, a number that is expected to increase to a few hundreds in the coming years. Smrithi Ravi, APAC Head of Engineering at Wise, who has relocated from the Singapore office, will lead the new office here. Wise said India has long been a key growth market for the company. It first began inward remittances for India's diaspora in 2013, before launching lightning fast transfers from the country in 2021. It had recently launched its international account details feature for Indian businesses and freelancers, enabling them to get paid in eight global currencies without relying on traditional, expensive wire transfers. 'The caliber of tech and operations professionals we have met is exceptional, reinforcing why Hyderabad is the perfect place for us to build our hub,' said Richa Dirani, APAC Head of Talent.
