Indian headline indices ended lower on Friday, snapping their six-session gaining streak. Banks, FMCG, and IT stocks were the major laggards. After a steady run-up, Nifty paused and slipped below 25,000, suggesting a brief consolidation before the next leg of the rally.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said the index continues to hold above the 50 EMA, reinforcing the short-term uptrend. “On the downside, support lies at 24,800; staying above this level keeps the trend intact with scope for an advance towards 25,000–25,250,” De said.Here are 5 stock recommendations for Monday:
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the
September 23, 2026