Nifty slipped below 24,800 amid banking weakness, sparking concerns of further downside towards 24,600. While sentiment turned negative, FMCG and auto stocks like Maruti, HUL, and Britannia showed resilience. Analysts advise balanced strategies, cautioning on banks while favouring defensive sectors as markets consolidate with a negative bias.
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.