Sensex today | Stock Market Live: Stock to buy today: Concord Biotech (₹1,513.40) – BUY
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Concord Biotech. The stock began the week on a strong note, rising 4.2 per cent on Monday
On 18th August 2026, the Sensex witnessed a rise above the ₹1,480 resistance level, indicating a resumption of its broader uptrend following a week-long pause. The daily moving average crossovers further bolster the bullish outlook for stocks. Concord Biotech's share price has surged to ₹1,513.40, with potential for growth to ₹1,730 in the forthcoming weeks.
Investors can consider purchasing Concord Biotech shares at ₹1,513, accumulating on dips around ₹1,495, while setting a stop-loss at ₹1,410. As the stock climbs to ₹1,590, the stop-loss can be trailed up to ₹1,545. Adjust the stop-loss to ₹1,585 and ₹1,645 when the stock price reaches ₹1,630 and ₹1,690, respectively. It is advised to exit long positions at ₹1,710.
The financial landscape includes gift signals, ICRA's forecast for Q1 GDP growth at 7%, and various institutional buying and selling activities. Notable purchases include Baazar Style Retail, Kesar, LEAP India, and Visachrome, while Embassy Office and Surana-family entities led institutional selling.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
