Rahul Sharma of JM Financial Services suggests Nifty futures are range bound. A downward slide is expected, possibly reaching 25,200. Crossing 25,550 could bring fresh momentum. IT sector outlook remains cautious, awaiting TCS results. Banks and financials are expected to perform well. Jio Finance is a top pick for a short-term trading buy with a target of Rs 350.
AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap
Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.