Stock Market Rally

Nifty's recovery above the 23,200 level provides some near-term relief; however, the broader structure remains weak.

LCC Projects shares listed 31.4 per cent higher at ₹191 on BSE and 29.45 per cent higher at ₹189 on NSE.

Tata Communications, PVR INOX and Radico Khaitan are showing bullish technical setups, backed by breakouts, support-based reversals and improving momentum indicators.

Gujarat Pipavav Port, Aegis Vopak Terminals and Tata Investment Corporation are showing bullish technical setups, backed by breakouts, improving momentum and strong participation.

Till Nifty 50 holds below 23,200 zones weakness could extend towards 23,050 then 22,950 levels while on the upside hurdles can be seen at 23,350 then 23,450 zones.

Oil prices spiked to near $110 a barrel, on track to end the week at over $100 a barrel for the first time ​since mid-May.

Jefferies has initiated coverage with a 'Buy' call for Welspun Living and Raymond Lifestyle.

The issue is a combination of fresh issue of 2.66 crore shares aggregating to ₹675 crores and offer for sale of 78.74 lakh shares aggregating to ₹200 crores.

Ray of Belief shares listed at ₹239 on both BSE and NSE. Ahead of the debut, Ray of Belief IPO's GMP was indicating 6 per cent listing gains.

The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.

MOFSL noted that Physicswallah is among India's largest education platforms, built on what the brokerage believes is one of the most capital-efficient business models in Indian EdTech.

LME copper spot price is currently trading near its all-time high of $14,594/t, reached on 17 Aug 2026. At the current level of $14,113/t, spot copper price is up 46.3 per cent Y-o-Y on the LME.

In intraday deals, Sensex surged 699.86 points or 0.90 per cent to 77,609.54. Its NSE counterpart, Nifty 50, rose 187 points or 0.77 per cent to 24,265.15, led by gains in banking and IT stocks.

For Gaja Alternative Asset Management, Ventura recommends an 'Apply' for investors with a three-year or longer investment horizon.

Welspun Living's net profit rose 83.59 per cent to ₹160.73 crore in the quarter ended June 2026 as against ₹87.55 crore during the previous quarter ended June 2025.

LG Electronics India saw its net profit rise 27.2 per cent in Q1 FY27 to ₹653 crore on the back of revenue growth and margin expansion.

Total expenses of Piccadily Agro stood at ₹245.44 crore in the June quarter, up 19.84 per cent year-on-year.

Dhoot Transmission and Molbio Diagnostics offer investors exposure to two different growth themes. EV components and molecular diagnostics.

Benchmark indices rallied on Monday, supported by a combination of easing geopolitical tensions, a sharp decline in crude oil prices, a stronger rupee, strong Q1FY27 results, and renewed FII buying.

G Chokkalingam, founder and head of research at Equinomics Research expects markets to reward stocks of companies where there is valuation comfort, earnings visibility rather than a broad-based rally.