
Stocks to trade: Raja Venkatraman recommends five stocks for 10 April
Market trends have reset as the recent rally failed to find sustained momentum. Investors remain cautious, awaiting a clear direction from TCS's upcoming earnings while persistent geopolitical conflict continues to cloud the outlook.
This recurring failure to establish a stable trend, coupled with the lack of clarity on the war, suggests the current volatility will persist.Buy above ₹1100, stop ₹1050, target ₹1225 (multiday)Buy above ₹278, stop ₹269, target ₹297 (multiday)Buy above ₹865, stop ₹820, target ₹965 (multiday)Indian equity markets traded lower on April 9, 2026, reflecting cautious investor sentiment amid global uncertainties. By 2:40 pm, the Sensex had dropped 1,171.65 points, or 1.51 percent, to 76,391.25, while the Nifty declined 305.20 points, or 1.27 percent, to 23,692.15.
Market breadth remained weak, with eleven of the sixteen major sectoral indices trading in negative territory. Financial stocks retreated around 1 percent after a strong rally of 5.5 percent in the previous session, contributing to the overall decline.In the broader market, performance was mixed, as the Nifty Smallcap100 index edged up 0.3 percent while the Nifty Midcap100 index remained largely unchanged.
Among key stocks, HDFC Bank slipped 1.8 percent and ICICI Bank fell 1.4 percent. On the other hand, Honasa Consumer rose about 4 percent following a robust quarterly update.
Investor sentiment was also weighed down by geopolitical tensions after US President Donald Trump reiterated that American forces would stay in and around Iran until a “real agreement” is achieved.Markets fell short of expectations once again, as Thursday's downward move disrupted the broader outlook. While a recovery is being attempted, recent losses have rattled
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