Stocks to trade: Raja Venkatraman recommends five stocks for 13 April
Stock market recap: Indian benchmark indices surged about 6% last week—their strongest performance in over five years—driven by sharply improving global cues, and a risk-on rally across global equities. The Sensex surged 918.60 points, or 1.20%, to end at 77,550.25 on Friday, while the Nifty also finished higher, reclaiming the important 24,000 level.SONACOMS: Buy above 556 stop 520 target 610 (Multiday)NAM-INDIA: Buy above ₹960, stop ₹897 target ₹1075 (Multiday)OLECTRA: Buy above ₹1187, stop ₹1170 target ₹1275 (Multiday)Indian equity markets staged a strong rebound on 10 April 2026, recovering smartly after the previous session’s weak close.
Supported by firm global cues and easing geopolitical worries, both benchmark indices opened with a gap-up and extended gains throughout the day on broad-based buying across most sectors, with IT as the only major laggard.The Nifty 50 climbed to an intraday high of 24,074.05 and managed to hold near the day’s peak by the close, reflecting sustained bullish sentiment. The Sensex surged 918.60 points, or 1.20%, to end at 77,550.25, while the Nifty also finished higher, reclaiming the important 24,000 level.
The strong recovery highlighted renewed investor confidence and selective sector rotation, with market participants reacting positively to improving risk appetite across global markets.Resistances were overcome with a resounding gap on Wednesday as the bullish enthusiasm took over with the hope that the war is heading towards an end. However, the continued violations have resulted in the trends facing a lot of hesitation.
The overall trends have failed to steer clear of the trend and have not been able to forge ahead. However, the sustained bullish action despite some periodic
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