Indian benchmark indices settled on a muted note on Monday amid cautious sentiments in the global markets over renewed tensions between the US and China triggering the profit booking. BSE Sensex declined 173.77 points, or 0.21 per cent, to settle at 82,327.05, while NSE's Nifty50 dropped 58 points, or 0.23 per cent, to close at 25,227.35 for the day.
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Select buzzing stocks including Sequent Scientific, Vedanta and Canara Bank are likely to remain under the spotlight of traders for the session today. Here is what Axis Securities has to say about these stocks ahead of Tuesday's trading session:
Vedanta | Buy | Target Price: Rs 519-537 | Stop Loss: Rs 446
Vedanta has staged a decisive breakout above its Inverted Head and Shoulder pattern at Rs 473 on the weekly chart, signall