The Indian market reversed Monday’s gains, with the Sensex dropping nearly 1,300 points and the Nifty slipping below 24,600. Despite the broader weakness, BSE, Redington, and APL Apollo hit fresh 52-week highs. Analysts see breakout opportunities in these stocks, citing strong volume trends and bullish price action, with defined upside targets and stop losses for the near term.
Positive Breakout: 7 stocks cross above their 200 DMAs
In the Nifty200 pack, seven stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 29, 2026, according to StockEdge’s technical scan data.