GENERAL16 Sept 2026
Vedanta to IDFC First Bank - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment | Stock Market News
On 16 September, Indian shares look set for a flat open after a sharp fall. The Sensex dropped 777.94 points to 74,003.82, and the Nifty 50 slipped below 23,200 to 23,118.60. Weak banks and rising oil prices are weighing on mood, and the US Fed meeting outcome matters. Jay Thakkar of ICICI Securities picks Max Healthcare, Vedanta and IDFC First Bank futures for short-term trades.
Key Statutory Highlights
- The Sensex fell 777.94 points, or 1.04%, to close at 74,003.82, while the Nifty 50 declined 279.50 points, or 1.19%, to 23,118.60.
- According to options data, the 23,000 strike has the highest put base, making it immediate support, with 22,800 and 22,500 as the next levels below it.
- Jay Thakkar of ICICI Securities recommends Max Healthcare Institute futures, Vedanta futures, and IDFC First Bank futures for the short term.
Actionable Advice for Taxpayers / Founders:If you trade in the F&O segment, keep an eye on the 23,000 support level and the FOMC meeting outcome before adding fresh positions, and treat these stock ideas as short-term views rather than certain results. Please speak to your advisor before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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