positive
Recently
Rate-cut led momentum keeps select stocks in focus as markets enter Monday’s session
Benchmark indices closed strongly on Friday after the RBI rate cut, while stocks such as Biocon, Ola Electric, IndiGo and ITC Hotels remain in focus for Monday’s trade.
Positive closing momentum from Friday’s trade is expected to carry into Monday as benchmark indices ended the last session higher following the RBI’s rate cut. The Sensex advanced 447.05 points to settle at 85,712.37, while the Nifty gained 152.70 points to close at 26,186.45. Stocks likely to remain in focus today include Ola Electric, Biocon, IndiGo, ITC Hotels and Eternal.