The Indian market reversed Monday’s gains, with the Sensex dropping nearly 1,300 points and the Nifty slipping below 24,600. Despite the broader weakness, BSE, Redington, and APL Apollo hit fresh 52-week highs. Analysts see breakout opportunities in these stocks, citing strong volume trends and bullish price action, with defined upside targets and stop losses for the near term.
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale