President Donald Trump concluded his state visit to China. He met with President Xi Jinping. The visit featured business deals and discussions. President Xi issued a strong warning regarding Taiwan. Trump expressed hope for a stronger relationship. China agreed to purchase Boeing jets
The U.S. House of Representatives narrowly rejected a resolution to halt the Iran war without congressional approval. The vote was tied, failing to pass. This marks the third such attempt this year, with votes becoming increasingly close. Democrats argue the Constitution requires Congress to
Canon launches full-frame EOS R6V camera with built-in cooling fan in India: Price and availabilityCanon has launched the EOS R6V camera and RF 20–50mm power zoom lens in India, targeting filmmakers, wedding shooters, and video creators. Updated on: May 14
A notice issued by the state school education department said that the singing of ‘Vande Mataram’ should be made mandatory during morning assembly prayers prior to the start of classes in all schools with immediate effect. In a major move, the West Bengal government
Pop star Delta Goodrem has dramatically increased Australia's odds of winning the Eurovision Song Contest, after a stunning performance of her power ballad, Eclipse, at Thursday's semi-final. The singer is now second favourite for the competition, and is rapidly closing in on Finland
Jay Thakkar of ICICI Sec suggests THESE shares to buy or sell in F&O segment
Hindustan Zinc to Bharti Airtel- Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment
Stock market today: Indian stocks maintained their early gains on Wednesday, following the central bank's decision to keep interest rates unchanged as anticipated, while bank shares increased due to relaxed rules on acquisition lending.
The central bank opted for a rate pause for the second consecutive policy meeting, having implemented a 100 basis point rate reduction in the first half of 2025, as it monitored the effects of these frontloaded rate cuts and tax reductions amid ongoing trade concerns.
As of 11:46 IST, the Nifty 50 had risen by 0.68% to reach 24,777 . 95, and the Sensex climbed by 0.52% to 80,687.77.
Market Outlook by Jay Thakkar, Vice President & Head of Derivatives and Quant Research, ICICI Securities
Nifty 50
Nifty 50 has fallen for 8 consecutive days and now it has been consolidating near 24,600 levels since past 2 trading sessions, so there is a possibility of a bounce back due to short covering. On 01/10/2025, there is RBI Monetary policy and if the policy is positive then there is a possibility of some bounce back due to short covering mainly in Nifty Private Sector Banks. The Nifty PSU Banks are already outperforming the Private sector banks; however, the weightage of the PSU Banks isn't much, hence it could not lead to any bounce in the BankNifty.Now, the overall trend has been reversed from up to down with 25,000 as a short-term hurdle whereas 25,200 is the medium-term hurdle and until these levels are not taken off the probability of a downward breakout below 24,400 is higher and the ultimate short-term target is 24,200 levels. So, sell on rise until 25,200 levels are not taken off is the medium-term strategy, however, within this downtrend there can be short term bounces due to short covering and there can be few sectors like Auto and PSU Banks which can outperform the other Indices.
Stocks To Buy in the near-term - Jay Thakkar
Jay Thakkar of ICICI Securities recommends Hindustan Zinc October Futures, Bank of Baroda October Futures, and Bharti Airtel October Futures.Buy Hindustan Zinc October futures in the range of ₹482-487 stop loss of ₹468 Targets: ₹502 and ₹515
Hindustan Zinc share price has provided a range breakout on the upside with long build up which is a positive sign in the near term. The stock had witnessed the correction on account of profit booking, however, with a fresh breakout the stock is likely to trade with a positive bias in the near term. For the October series, the highest call base is at 500 levels whereas 470 to 450 strikes have witnessed call unwinding, hence this range will act as a support going forward. The stock is also trading well above its max pain level of 470.Buy Bank of Baroda October futures in the range of ₹257-262 stop loss: ₹248 Targets: ₹271 and ₹280
Bank of Baroda share price has also provided a breakout from the range on the higher side and with that the stock has also witnessed long build up which is positive in the near term. Earlier the stock has witnessed some correction and consolidation on account of long unwinding i.e. profit booking but now with this breakout it has witnessed long build up. The strike 260 has the highest call base, however, the strikes 240 to 260 have witnessed significant put additions which is a positive sign in the near term as this will act as a support range. The stock is just trading above its max pain level of 255.Sell Bharti Airtel October futures in the range of ₹1,900-1,885 stop loss: ₹1,950 targets: ₹1,825 and ₹1,790
Bharti Airtel share price seems to have reversed its short-term trend from up to down has the price has been declining with OI going up indicating some short build up in the near term and this is a negative sign for the stock in the near term. Now, until 1,950 levels are not taken off the recent breakdown is a continuation of a downtrend which can take the stock near to 1,800 levels. The strike 1,900 has the highest call and put bases, however, above 1,900 strike there is huge call writing seen until 2,000 and with that the overall trend appears absolutely negative in the near term at least for retracement or correction of the previous uptrend. The stock has slipped below its max pain level of 1,900 which is also negative.Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 30/09/2025 or have no other financial interest and do not have any material conflict of interest.
The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Source: LiveMint
Related Posts: Stock Market Gains In Early Trade Small-cap stock under ₹50 jumps 8% despite volatility in Indian stock market Law & order must be maintained at any cost Indian Stock Market Settles Lower Amid Selling In IT And Metal Stocks Why are power stocks rising despite the stock market crash Penny stock under ₹5 edges higher despite weak trends in Indian stock market LIC-owned NBFC stock gains as board approves allotment of CPs worth ₹15 crore This Nvidia director is leaving board with stock gains of 22 Stock market trades higher in early deals Angel One 1:10 Stock Split 2026: Broking Stock Fixes Record Date
‘Do you have elections in India?’: NRI shuts down American with 17-word replyAn NRI shared that the American man, quite “unironically”, also asked them to enjoy lasagne, assuming the Indians had never heard of the dish. Updated on: May 15, 2026 7:04 AM IST By Trisha Sengupta Share via Copy
2 minutes ago
Red Fort blast part of al-Qaeda affiliated group's 'Heavenly Hind' operation, says NIA chargesheetNIA, so far, has arrested 11 persons in the Red Fort blast case while a probe is on to track absconders. Updated on: May 15, 2026 7:14 AM IST By Neeraj Chauhan Share via Copy link The November 10 car
2 minutes ago
NEET UG 2026 cancelled amid paper leak row, students, parents and educators react stronglyNEET UG 2026 was cancelled amid paper leak row on May 12, 2026. CBI is currently investigating the matter. Students, parents and educators have reacted. Updated on: May 14
1 minutes ago
The airline said the move is aimed at maintaining operational stability, controlling costs and avoiding last-minute disruptions for passengers. New Delhi: Amid rising fuel costs, ongoing tensions in West Asia and continued airspace restrictions across several regions
1 minutes ago
Anthropic’s Claude Code product head Cat Wu says the next phase of AI will be defined by proactive systems that can understand workflows, anticipate user needs and automate repetitive tasks. Her remarks highlight how AI-native tools are reshaping software development and productivity
2 minutes ago
India’s crude imports fall 17% amid supply shockThe decline in imports meant that despite a spike in global crude oil prices, India’s total crude oil import bill fell by around 5% on an annualised basis in March. Published on: May 15, 2026 7:54 AM IST By Rajeev Jayaswal Share via Copy link In
2 minutes ago
Britney Spears’ rep reacts to claims singer was walking around a restaurant in LA with a knife: ‘She was simply…’On May 14, it was reported that Britney Spears was sharing a table at a Los Angeles restaurant when she allegedly began "screaming" and "barking." May 15, 2026
1 minutes ago
Spotify has always been boasted as one of the best music streaming platforms. However, the pricing of the same has always been a concern in India. To tackle this situation, Spotify has finally changed the way the Premium plan works. And no kidding, you can also get the same for as low as Rs 69
2 minutes ago
PAN Card Mobile Number Change: The PAN card has become an essential document today. Without it, no financial transactions can be carried out. All necessary information on a PAN card must remain up-to-date; otherwise, difficulties may arise when attempting to use it in the future. Today
2 minutes ago
Mohali: Air India fined ₹50,000 over last-minute cancellationAirline cites runway maintenance by Airports Authority of India, District Consumer Disputes Redressal Commission says basic assistance not provided Published on: May 15, 2026 7:54 AM IST By HT Correspondent
2 minutes ago
Xi Jinping threw a grand welcome for Donald Trump on the first day of a visit that could reset ties between the rival superpowers. The military honour guard lined up outside the Great Hall of the People to welcome Trump, complete with a gun salute and a band playing the US national anthem
2 minutes ago
Reigan Heskey smashed home a late winner as Manchester City claimed bragging rights over bitter rivals Manchester United by winning the FA Youth Cup for the fifth time. In a repeat of the two-legged showpiece from 40 years ago, which City also triumphed in
1 minutes ago
Summer Special Trains: Ahead of the summer vacation rush, trains heading towards eastern India are witnessing heavy passenger traffic. To ease congestion and improve travel convenience, the Railways has announced several summer special trains for destinations including Dankuni and Howrah in West
1 minutes ago
Election Commission begins third phase of SIR across 16 states, 3 UTsThe SIR exercise sparked controversy after 2.71 million people were removed from voter rolls in West Bengal during last month’s assembly poll Updated on: May 15, 2026 7:52 AM IST By Harsh Yadav Share via Copy link The Election
2 minutes ago
When travelling, using pee sprays on the toilets can add an extra layer of hygiene, along with the use of disposable urination devices for women. People often control their urine for several hours a day when they have a busy work schedule, meetings or school or if they are travelling long distances
2 minutes ago
The prices of petrol and diesel were on Friday increased with immediate effect amid rising global oil prices and supply concerns amid the conflict in West Asia. In Delhi, the price of petrol increased by Rs 3 per litre to Rs 97.77 per litre from Rs 94.77 per litre. Diesel will cost Rs 99
2 minutes ago
Angel Reese opens up on Paige Bueckers friendship amid Atlanta's win vs WingsAngel Reese and Paige Bueckers, rivals on the court, share a strong friendship off it. Reese talked about their relationship before the Wings vs Dreams game. Updated on: May 15
2 minutes ago
The Wholesale Price Index (WPI)-based inflation rises to 8.3% in April 2026 on an annual basis, compared with 3.88% in March and 2.26% in February. WPI Inflation Data for April 2026: India’s wholesale price inflation accelerated sharply in April 2026
1 minutes ago
Mexico City gears up for the World Cup this summer. Visitors can explore historical sites like Zocalo and Chapultepec Park. The city boasts a diverse food scene from street tacos to fine dining. Eighteen public fan zones will broadcast matches for free
2 minutes ago
Finally, a high stakes Kolkata derby in ISLWin on Sunday and the title is all but theirs, lose and they could slip to fifth Published on: May 15, 2026 8:00 AM IST By Dhiman Sarkar Share via Copy link Proof of how little separates Mohun Bagan Super Giant and East Bengal this season lies not only in
2 minutes ago
The Union Public Service Commission (UPSC) is expected to activate e-admit card links this week for the Civil Services Preliminary Examination 2026. With the high-stakes exam scheduled for 24 May, lakhs of aspirants are awaiting access to the official portals—upsc.gov.in and upsconline.nic
1 minutes ago
OAKLAND, Calif. — Lawyers for Elon Musk and OpenAI began closing arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence. Musk, the world's richest man, was a co-founder of OpenAI, the company that launched in 2015 and went on to create ChatGPT
1 minutes ago
Chief Minister-designate V D Satheesan on Thursday announced that the new Congress-led government in Kerala will be sworn in on May 18. The announcement comes days after the alliance registered a decisive victory in the Assembly elections, paving the way for a change in leadership and formation of
1 minutes ago
Former Chief Minister Mamata Banerjee appeared at the Calcutta High Court to make submissions regarding post-poll violence. Senior advocate Kalyan Banerjee highlighted widespread hooliganism and targeting of TMC workers. Petitioner Bikash Bhattacharya drew attention to the demolition of Muslim
1 minutes ago
Love Horoscope Today for May 15, 2026: Clear communication may begin a relationshipEmotional healing is essential; do not isolate yourself. Surround yourself with supportive people. Softness signifies strength. Published on: May 15, 2026 7:37 AM IST By Kishori Sud Share via Copy link Aries Love
1 minutes ago
Prepare for an AI jobs apocalypseIt is not here yet. But governments should lay a safety-net Published on: May 14, 2026 8:52 PM IST The Economist Share via Copy link The launch of ChatGPT in 2022 ignited the artificial-intelligence boom—and elicited a chorus of warnings from AI bosses of an
2 minutes ago
Mumbai Indians secured a six-wicket victory over Punjab Kings in their IPL clash. Tilak Varma's unbeaten 75 guided MI to chase down 201 with one ball remaining. Will Jacks also contributed with a quickfire 25. Earlier, Shardul Thakur took four wickets for MI, but Punjab Kings still posted 200 for 8
2 minutes ago
