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.
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj Pandey
India’s banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities’ Pankaj