Indian benchmarks flat as investors pause after rally; Sagar Doshi picks Olectra, Gail, HAL

Caution returns to Indian equities following recent gains, with benchmarks opening largely unchanged. Meanwhile, analyst Sagar Doshi highlights Olectra Greentech, Gail, and HAL as key buying opportunities.

By Handelsavisen Newsroom · Automated 2026-06-23 04:31 UTC · 1 min read

Indian equity benchmarks opened largely flat on Tuesday, as investors adopted a cautious stance following a strong rally in recent sessions.

The NSE Nifty 50 slipped 0.13%, while the BSE Sensex was down 0.01%, reflecting a market pause as traders awaited fresh triggers.

Sentiment remained supported by easing geopolitical tensions, but the lack of immediate catalysts kept volume subdued at the open.

Amid the consolidation, analyst Sagar Doshi identified specific stocks to buy, pointing to Olectra Greentech, Gail, and Hindustan Aeronautics Limited (HAL) as attractive entry points.

These picks suggest a rotation toward defense and green energy themes, even as broader market momentum stalls.

The recommendations come as investors digest recent performance and look for sectors with sustained growth potential.