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HomeSHARE MARKETThis Govt Share Can Give Massive Return In 6-7 Days; Don't Sell...

This Govt Share Can Give Massive Return In 6-7 Days; Don’t Sell Before ₹500

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Maharatna PSU Stock to Buy: On the back of strong global signals, the domestic market started trading with gains on Tuesday. There is a good jump in Sensex-Nifty. 

Amid the positive movement in the market, the top brokerage firm has chosen Maharatna company Coal India Ltd (NSE: COALINDIA) Stock for the short term. The brokerage has advised to take a position in Maharatna PSU Stock with a perspective of 2-3 days.

The second trading session of the week got off to a strong start in the domestic markets. Sensex opened at 73973 and Nifty rose at 22,489.

Profit booking was evident during the Friday market, which was the closing session of trading. Sensex closed 733 points down at 73,878.15. Nifty settled 172 points down at 2,475.

Coal India: Target For 2-3 Days

Brokerage firm has chosen Coal India as a technical pick for 2-3 days. The target is set at Rs 500. On May 3, 2024, the stock price closed at Rs 474. In this way, the stock can jump 5-6 percent from the current price.

Coal India: Strong Return In 1 Year

Coal India stock got off to a weak start and closed at Rs 455.65 on Tuesday. The stock has given great returns to investors in the last year. 

The stock has jumped 96 percent in a year. The stock has returned 48 percent in the last 6 months. In 2024, this PSU stock has yielded an increase in the range of 22.

The 52-week high of this stock on BSE is 487 and the low is 223. The market capitalization that the business has is greater than 2.87 lakh crore.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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