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Stock futures are little changed after Nasdaq Composite posts fresh record: Live updates

The Nasdaq Composite rose to a new all-time intraday high and closed at a record on Tuesday.

On Tuesday, the Nifty 50 experienced a decline of 0.36%, closing at 23,329 points. The BSE Sensex, on the other hand, dropped by 0.44% to 74,529.08 points. This downturn was triggered by a 1.5% slide in Brent crude futures to $98.9 per barrel, after Iran suggested reopening the Strait of Hormuz if the US lessens military pressure in a bid for diplomatic resolution.

The report covers major stocks such as Adani, IRB Infra, RailTel, Persistent Systems, 360 ONE WAM, and Fredun Pharma. United Breweries shares are noted for their potential for improved risk-reward, thanks to a significant valuation reset and growing demand for beer. Aluminium futures are marked by mixed signals, with traders advised to purchase during dips while keeping an eye on key support and resistance levels.

The Day Trading Guide provides important intraday support and resistance levels for Nifty50 and top stocks, along with trade recommendations. For today's investment advice, JSW Infrastructure (₹367.85) is recommended as a BUY, with a target price range of ₹400-₹410, reflecting a bullish short-term outlook. This commentary is entirely in English and adheres to the rules of full, non-abusive sentences, compliant with the community guidelines.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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