Ganesh Dongre advises buying three stocks post-holiday

Ganesh Dongre from Anand Rathi has suggested three stocks to consider for buying after the recent stock market holiday. These stocks include Container Corporation of India, Natco Pharma, and Aurobindo Pharma, with specific buy prices and target goals given for each. The Nifty Index closed the previous week at 23,519, remaining above the crucial support level of 23,000. While the market saw minor gains, investors appeared cautious due to worries regarding U.S. economic indicators and upcoming tariff announcements. There was notable profit-booking after a strong start, causing the Nifty to trade within a range between 23,300 and 24,000. The Bank Nifty benefitted from robust buying in banking stocks, exceeding the 50,500 mark, while support levels for both indices will be closely monitored in the upcoming week. Overall, traders are advised to watch global economic cues as they navigate the current market challenges. A disciplined and cautious approach is recommended in light of potential fluctuations related to international factors and trading sentiment.