Indian equity markets are experiencing sustained selling pressure, with 15 stocks from the Nifty 500 index now extending their losing streaks to at least 10 consecutive sessions. This prolonged decline affects major companies across various sectors and represents some of the longest losing streaks these stocks have witnessed in years.

Stocks Under Pressure

The companies experiencing these extended declines include several prominent names that have been unable to find support despite the broader market's attempts at recovery. The affected stocks span multiple sectors, indicating that the selling pressure is not confined to any particular industry segment.

Broader Market Weakness

The extended losing streaks among these Nifty 500 constituents reflect deeper challenges facing the Indian equity market. The benchmark Nifty 50 index has itself struggled with consistency, closing lower in nine of the last 11 trading sessions. This pattern suggests that the market weakness extends beyond individual stock-specific issues to broader systemic concerns.

The market's technical indicators have been pointing to sustained weakness, with declining stocks consistently outpacing advancing ones over the past three months. This trend indicates that the selling pressure is broad-based rather than concentrated in specific sectors or market segments.

Market Dynamics

The current market environment has created challenging conditions for investors, with even fundamentally strong companies unable to escape the broader negative sentiment. The fact that these losing streaks represent some of the longest periods of decline for these stocks in years highlights the severity of the current market correction.

The sustained nature of these declines suggests that investors are dealing with more than temporary volatility, as the consistent selling pressure indicates deeper concerns about market valuations and economic conditions.

Source: https://www.cnbctv18.com/market/stocks/from-dlf-to-adani-green-15-nifty-500-stocks-extend-10-day-losing-streak-as-sell-off-deepens-19824975.htm

Indian equity markets are positioned for cautious trading as global uncertainties continue to weigh on investor sentiment. Despite challenges from U.S. trade policies, geopolitical tensions, and persistent foreign institutional investor selling, domestic institutional buying remains a key stabilizing factor preventing deeper market corrections.

Technical Outlook for Key Indices

Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, maintains a cautiously positive stance on market sentiment as the Nifty 50 index sustains above the critical 25,500 support zone. The benchmark index consolidated near this level after opening with a significant gap down, showing resilience in the afternoon session to close around 25,600.

For the Nifty 50, the crucial 200-period moving average support lies at the 25,000 zone, which needs to be sustained for market stability. On the upside, a decisive breach above the 50-EMA resistance at 25,900 would be required to establish stronger bullish conviction.

Bank Nifty Analysis

The Bank Nifty continues to trade within a defined range, facing tough resistance near the 60,250 zone while maintaining support at the 50-EMA level around 58,900. Parekh emphasized that a decisive breach above 60,400 would be necessary to trigger a breakout and initiate fresh upward momentum in banking stocks.

Intraday Stock Recommendations

Parekh has identified three specific stocks for intraday trading opportunities, each with defined entry points, targets, and stop-loss levels:

These recommendations are based on technical analysis and carry specific risk-reward parameters for intraday traders.

Precious Metals Show Strong Momentum

Commodity markets displayed significant strength in early Asian trading sessions. COMEX silver reached a new peak of $94.74 per ounce before settling at $93.75 per ounce, representing a substantial 5.90% gain from Monday's close. Gold prices also showed positive momentum, trading at $4,678.86 per ounce with a 1.80% increase from the previous session.

The current market environment reflects a complex interplay of global uncertainties and domestic resilience, with technical levels serving as key guideposts for near-term direction. Investors are advised to maintain disciplined risk management while navigating these volatile conditions.