Analysts believe that weakening of AI trade, sustained earnings and return of FIIs can drive the BSE Sensex past the 100,000-mark this year.
From a technical standpoint, the Nifty has once again approached the upper end of its prevailing consolidation range near 26,200
Stocks to buy for 2026: Analysts believe that valuations are turning attractive for RECL and PFC along with a healthy dividend yield at play.
Analysts at Choice remain bullish on Mahindra & Mahindra, Marico, and Hindustan Petroleum, assigning 'Buy' ratings to these stocks based on their strong long-term uptrend & solid technical indicators
Bank Nifty has to hold above 59,000 zones for a bounce towards 59,500 then 59,750 zones while on the downside support is seen at 58,750 then 58,500 levels
Decisive close below 50 DEMA would result into positional bullish trend violation in Nifty. On the upside, a level above 26,100-26,150 band would bring back the bullish momentum in the Nifty
Similarly, ICICI Bank and Asahi India too registered a close below the Supertrend line indicator on Monday.
The derivatives data reflects at a cautious and guarded market stance, with Call writers at slight advantage, explains Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.
Devarsh Vakil, Head of Prime Research at HDFC Securities reckons that investors should wait for a 10-15 per cent price correction in Hindustan Copper and Hindustan Zinc.
Analysts believe that valuation comfort coupled anticipated revival in earnings and possible reversal of AI trade offer a better risk-reward scenario for Indian IT firms.
Aakash Shah of Choice Equity Broking's top picks include Tarc, Karur Vysya Bank, and APL Apollo Tubes; check target, stop-loss
Engineers India, NMDC, and Titan Company are among the top stock picks by Rajesh Bhosale of Angel One
RBL Bank Share: The daily chart shows that apart from the 'Triple Top' formation, RBL Bank stock is seen trading near its 20-day moving average for the last one month.
Motilal Oswal bets on TCS, SBI, Biocon, Dalmia Bharat, Astra Microwave Products and others; here's why
In general, a bearish engulfing candlestick pattern is considered as a bearish sign, as the latest candle completely overshadows the preceding day's price action on the charts.
Stocks to buy today: Ajit Mishra of Religare Broking recommends buying Airtel, Coal India and HCLTech; check target here
Kunal Kamble of Bonanza recommends buying Manappuram Finance, Indus Towers and Nuvama Wealth; here's why
Ajanta Pharma, JBMA Auto and Manappuram Finance have seen strong price action backed by heavy trading volume in Wednesday's trading session.
Sundaram Finance has a strong proven track-record, while Poonawalla Fincorp is shaping up in the right direction, believe analysts.
Bharti Airtel, Larsen & Toubro, Varun Beverages, Tata Consumer Products and HPCL can rally up to 20 per cent from here, explains Drumil Vithlani, Technical Research Analyst at Bonanza.