Bank Nifty and Nifty IT outperformed Nifty last week, with Bank Nifty showing a trend reversal and potential for new all-time highs, while Nifty IT staged a modest comeback. Tata Communications’ structural breakout suggests a medium-term rally toward Rs 2,300. BSE shares continue momentum, and top stock picks include Nykaa, Indigo, and FedBank, all showing strong technical setups for short- to medium-term gains.
Policy stability, relief on STT and LTCG key to winning back FPIs: Sudip Bandyopadhyay
Foreign investors are pulling money from Indian markets. Experts urge India to rethink taxes like STT and LTCG. Policy consistency is also a major concern