Indian markets closed on a positive note with S&P BSE Sensex up by 300 points on Monday, while the Nifty50 closed below 18400 levels. The realty, FMCG, telecom, and public sectors were buying while power, utilities, and oil & gas witnessed some selling. Zensar Technologies is said to face a short-term decline, Max Healthcare is suggested to be bought on dips and DLF’s stock has bullish long-term and medium-term technical indicators, with recommended fresh long positions to be initiated at the present level and on dips.
Big banks may struggle, but smaller credit plays set to outperform: Nilesh Shah
Nilesh Shah from Envision Capital is positive on financial stocks. He sees financialization as a multi-decadal opportunity in India. Smaller banks and specialized credit plays
June 24, 2025