JM Financial Services’ Rahul Sharma maintains a positive outlook on Indian indices, citing recent breakouts in Nifty and Bank Nifty. Nifty is projected to reach 25,800, while Bank Nifty targets 58,500, potentially hitting 60,000 by July-end. Reliance Industries and Hindalco are top stock picks, with upside potential.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty 500 pack, 15 stocks saw their closing prices cross above their 200-day moving average (DMA) on July 1, 2026. Of these, we