Indian markets closed lower, with a 2.3% decline for the week amid sectoral selling. Key stock recommendations include buy calls for LTI Mindtree, Uno Minda, and IRCTC, alongside sell calls for PNB Futures and HAL based on technical setups indicating bullish or bearish trends.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.