Indian stock markets are set to start the day flat to slightly higher, with the Nifty staying around the 26,200‑26,250 range.
Why the market may stay calm
The week is shorter because of holidays, so trading volume will be low. Investors are likely to pick only a few high‑conviction stocks rather than trade broadly.
Which sectors could lead
Financial, IT and metal stocks are expected to perform best. Better global risk sentiment, some foreign institutional buying and a supportive policy outlook toward 2026 are helping these groups.
Because valuations are still high and liquidity is thin, a careful “buy on dips” approach is recommended instead of heavy leverage.
Technical outlook from Vaishali Parekh
Vaishali Parekh, technical researcher, says the Nifty 50 is holding above 26,000 and may push toward 26,450.
- Immediate support: 26,050
- Resistance: 26,350
- Near‑term target: 26,450
For Bank Nifty, she notes a close near 59,300 and potential rise past 60,000, with targets at 61,300 and 62,700. Immediate support sits around 58,500.
Intraday stock ideas
Parekh recommends three stocks for the day:
- Indian Bank – Buy at ₹788, target ₹820, stop loss ₹778
- Varun Beverages – Buy at ₹486, target ₹505, stop loss ₹475
- RVNL – Buy at ₹332, target ₹345, stop loss ₹327
Bottom line
With a quiet start and selective participation, look for opportunities in financials, IT and metals, and consider buying on modest dips while keeping risk tight.
Disclaimer
This information is for educational purposes only. It reflects the views of individual analysts, not a recommendation. Do your own research or consult a certified advisor before making any investment decisions.