Astra Microwave, Neogen named in Thursday stock picks
In short
Indian stocks started the day higher but lost some gains later. Rising bond yields and hawkish Fed comments weighed on the market, while smallcaps did better.
Analysts flagged Astra Microwave and Neogen as stock ideas for Thursday’s session.
What the reporting says
Indian equities opened higher and later gave up gains as bond yields rose and the Federal Reserve struck a hawkish tone, while smallcaps outperformed on improved risk appetite. Analysts highlighted stock-specific opportunities for Thursday, including Astra Microwave and Neogen. The note points to near-term trading ideas rather than a broad market call.
Why it matters
Indian equities opened higher before surrendering gains amid rising bond yields and hawkish Federal Reserve commentary, while smallcaps outperformed on better risk appetite. The trading guide singled out Astra Microwave and Neogen among stock-specific opportunities for Thursday. The note is relevant for short-term traders watching sentiment, yields and stock picks in the Indian market.