Nifty’s September series begins with a cautiously positive undertone, with options positioning indicating support at 24,000–24,100 and resistance at 24,200–24,500. A decisive breakout could trigger further gains, while a break below 24,000 may invite downside. Meanwhile, Ather Energy and Nazara Technologies remain among the top stock picks, with analysts seeing further upside after recent bullish breakouts and strong momentum.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The