Stocks to watch for Monday 15 Apr
GNFC,GODREJCP,HAVELLS,IRCTC,M&MFIN,MARUTI,SYNGENE,SUNPHARMA,NTPC,TCS TECHM,VOLTAS ALKEM,APOLLOHOSP,ASIANPAINT,BATAINDIA,BPCL,BRITANNIA,CIPLA,COFORGE,
On Friday, Indian benchmark indices concluded on a downtrend, with the Nifty hovering around 22,500 amidst widespread selling across sectors. The Sensex closed down by 793 points at 74244, while the Nifty was down 234 points at 22519.
Market Analysis:
The Nifty started the day with a gap down and continued to slide throughout the session, closing approximately 234 points lower. Technical analysis indicates weakness as the index breached and closed below the lows of the previous three trading sessions. The market sentiment was negative from the outset, with pressure on heavyweights across sectors. Pharma, FMCG, and banking sectors were among the top losers, while broader indices displayed some resilience.