The Indian stock market continues its positive trend, with Nifty 50 hitting new highs. Analysts suggest a positive momentum, but caution about potential consolidation due to inflated valuations.
Nifty's near-term outlook is positive, targeting 22,200, while Bank Nifty exhibits indecision. Amid the optimism, experts recommend a stock-specific approach, urging investors to consider fundamentals.
Intraday stock recommendations include Cipla, IGL, Exide Industries, Kotak Mahindra Bank, IEX, and BHEL for buying opportunities. Investors are advised to stay vigilant given the market's recent volatility.