From a technical standpoint, the Nifty has once again approached the upper end of its prevailing consolidation range near 26,200
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.
Aakash Shah of Choice Equity Broking's top picks include Tarc, Karur Vysya Bank, and APL Apollo Tubes; check target, stop-loss
Motilal Oswal bets on TCS, SBI, Biocon, Dalmia Bharat, Astra Microwave Products and others; here's why
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
Stocks to buy today: Shrikant Chouhan of Kotak Securities recommends buying Shriram Finance and Varun Beverages; here's why
Aakash Shah of Choice Equity Broking's top picks include Rico Auto, Kirloskar Oil, Stylam Industries; check target, stop-loss
Motilal Oswal believes looking ahead, motor insurance's growth outlook remains constructive; brokerage's top pick in this space is ICICI Lombard General Insurance
AB Capital is in overall uptrend and perfectly respecting 20 DEMA, while Federal Bank has given consolidation breakout on daily chart and formed a strong bullish candle
According to Shrikant Chouhan of Kotak Securities, Prestige remains well placed to benefit from sectoral tailwinds, and ITC continues to position itself as a future-ready Indian conglomerate
Indus Towers has consistently traded above all its significant EMAs, reflecting a positive market sentiment, and Policybazaar has also demonstrated a consistent performance
The white metal, at the time of writing this article, was changing hands at $57.14, down 2.3 per cent for the day as investors book profit after a stunning 8-day rally
The yellow metal, at the time of writing this article, was trading at $4,213, up nearly 0.2 per cent for the day, even as the US yields firmed up
The global surplus has increased from 0.5 bmpd to around 1.5 mbpd in the last six months
Sentiment was dampened by a weakening rupee, which hit a record low of 90.13 against the dollar, heightening concerns around import costs and triggering FII outflows
Global oil prices have shown remarkable resilience amid softer economic data from two major consumers: the US and China
Motilal Oswal said that stable execution and rising export momentum could shape capital goods sectors' H2FY26 outlook
Stocks to Buy: Shrikant Chouhan of Kotak Securities has recommended buying ICICI Bank and Gravita India; here's why