The Indian market is expected to remain stable on Monday, influenced by global market trends. Nifty futures showed a slight increase. Options data suggests a trading range between 25,000 and 26,000. Analysts recommend buying stocks like IOC, IGL, and HAL. F&O strategy includes Muthoot Finance and UltraTech Cement.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The