The Indian market was expected to trade higher on Monday due to positive global cues. The Nifty Future closed with a 1.88% gain on Friday. Analysts suggested a broader trading range between 24,500 to 25,300 zones. Stock recommendations from experts included India Cements, Sonata Software, and BPCL, among others, with specified target prices and stop-losses.
Deficient monsoon risk rises, but macro impact on GDP expected to stay muted
India’s agricultural output and inflation face heightened concerns as the India Meteorological Department forecasts a stronger probability of deficient rainfall. However, the impact on agriculture