RIL, L&T, HDFC Bank: Strategies for blue-chip stocks in a range-bound mkt

The Mukesh Ambani-controlled RIL needs to decisively conquer Rs 2,070 mark to attract fresh buying

The domestic equity markets were nursing losses on Monday, tracking weakness in Asia, as fresh lockdowns in the UK to curb the spread of a new coronavirus strain dampened sentiment. The benchmark S&P BSE Sensex hit an intra-day low of 46,694 in the morning deals while the broader Nifty50 index slipped to a low of 13,674.

Index heavyweights like Infosys, Reliance Industries, HCL Technologies, and Tata Consultancy Services were, however, trading higher up to 1.5 per cent higher on the Sensex, capping losses in the markets. 

Let's take a look at how some of these stocks look on the charts.