TCS, HDFC Life, Cipla - Which stock to buy and sell? Jigar Patel of Anand Rathi suggests strategy - Target, stop loss
New Delhi, Oct. 12 -- Indian equity markets ended the week of October 5-9, 2026, on a positive note, with the Nifty50 rising 0.44%, snapping an eight-week losing streak - the longest weekly losing streak in the last 25 years.
Friday's rebound in the market was led by strong buying in IT stocks following TCS's encouraging Q2 results, alongside gains in FMCG, banking, auto and broader mid-cap stocks. However, persistent FII outflows, elevated crude oil prices above $100 per barrel and concerns over tighter monetary conditions continue to weigh on sentiment.
According to Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, Friday's rebound towards 22,500 offers early signs of a potential botto...
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