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Market outlook turns constructive as Anand Rathi’s Mehul Kothari highlights stocks under ₹200
Mehul Kothari remains optimistic on markets above key support and highlights Tata Steel, Lemon Tree Hotels and Indian Oil as noteworthy picks under ₹200.
Equity markets ended the week nearly flat, but technical signals and macro developments supported a positive undertone. Mehul Kothari of Anand Rathi reiterated a bullish bias as long as the Nifty50 holds the 26,000–25,800 support zone. He expects a move toward 26,500 if the index closes above 26,300.