Sensex today | Stock Market Live: Stock to buy today: Paras Defence & Space Technologies
Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Paras Defence & Space Technologies. The stock has surged over 5 per cent on Monday when the broader markets were down. This rise has taken the share price well above the 21-Day Moving Average, currently at ₹1,423. The region between ₹1,425 and ₹1,400 is a good support zone which can limit the downside.
On September 8, 2026, the Sensex and Nifty 50 indexes declined, with the Dow, S&P 500, and Nasdaq also lower. Meanwhile, the Japanese yen reached fresh seven-month highs against the U.S. dollar, buoyed by expectations of a Bank of Japan interest rate hike and a weaker dollar ahead of upcoming CPI data.
Oil prices continued their upward trajectory, with Brent crude futures up 0.35% to $97.34 a barrel and U.S. West Texas Intermediate crude rising 1.26% to $92.63 a barrel. Gold prices saw a modest increase, up 0.3% to $4,418.79 per ounce, as the U.S. dollar weakened, with traders watching for clues on the Federal Reserve's future policy direction.
Investors were advised to consider long positions in natural gas futures, targeting a rise to ₹320 after breaching the ₹286 resistance level. In the equity market, Paras Defence & Space Technologies was highlighted as a stock to buy, with a potential rise to ₹1,720 based on a bullish short-term outlook, currently trading at ₹1,489.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
