Market move▲ Bullish for Indian equities
Markets snap eight-week losing streak; Financials lead, Healthcare and IT drag
The brief
- Markets snapped an eight-week losing streak, with financials leading while healthcare and IT dragged
- Financials led the rebound, while healthcare and IT stocks lagged
- Buy HealthCare Global Enterprises; target of Rs 820: Prabhudas Lilladher
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- Apollo Hospital Share Price Live Updates: Apollo Hospital faces negative returns in the last month
- Cipla Share Price Live Updates: Cipla's Recent Market Activity
- Hospital stocks face valuation reset risk as price-cap fears expose margin pressure
Indian markets’ eight-week losing streak
Indian equities recorded eight consecutive weekly losses, with the Sensex down 570.59 points to 71,909.70 on October 1. Record foreign selling and elevated crude prices weighed on markets.
Monday, 5 October
- Markets snap eight-week losing streak; Financials lead, Healthcare and IT drag