Indian stock indices extended their gains for the fourth straight session on Wednesday, tracking firm cues from US markets and a relative decline in international crude oil prices. At 9.44 am, Sensex traded at 59,273.77 points, up 313.17 points or 0.53 per cent, whereas Nifty traded at 17,576.00 points, up 89.05 points or 0.51 per cent. Nigam said there might be some action in agriculture-related stocks as the government said the hike in the minimum support price of ke Rabi crops will further energise the agriculture sector. On Tuesday, the Cabinet Committee on Economic Affairs (CCEA) approved an increase in the minimum support prices (MSP) for rabi crops for 2023-24 marketing season. The hike in MSP was in the range of Rs 100-500. Meanwhile, brokerage firm Prabhudas Lilladher has recommended Apollo Hospitals, Avenue Supermart, Bharti Airtel, ICICI Bank, and Mahindra & Mahindra among the large-cap stocks this Diwali. Among mid-cap and small-cap stocks, Ashok Leyland, Chambal Fertilisers and Chemicals, Federal Bank, Jubilant Ingrevia, VIP Industries, and Westlife Development are some of the top picks.
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