The Indian markets ended in the red on Monday as the Sensex fell more than 500 points. While public sector, oil & gas, FMCG, energy, and realty stocks witnessed buying, IT, telecom, and healthcare stocks faced selling pressure. Three stocks that were in focus include ITC, Anupam Rasayan, and HG Infra Engineering. Technical and Derivative Research Analyst at Reliance Securities, Jatin Gohil, recommends investors to buy ITC on dips, initiate a long position in HG Infra on dips, and sell some shares of Anupam Rasayan as the stock is near its supply zone.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500