Rupak De of LKP Securities maintains a bullish outlook on Nifty, anticipating a rise to 25,000-25,250 if it holds above 24,800. Despite Bank Nifty’s weakness, he recommends buying UNO Minda and Lupin, citing positive technical indicators. Conversely, De suggests selling Axis Bank due to bearish signals and its position below the 21 EMA.
Global Market Today: Asian stocks decline in break from US chip rally
Losses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyweight
October 20, 2026