Indian equity benchmarks closed marginally higher on Monday, extending a period of selective buying despite headwinds from rising crude oil prices.
The modest gains came as investors navigated volatility linked to escalating geopolitical tensions between the United States and Iran, which have kept energy costs elevated and pressured broader market sentiment.
Technical strategist Vaishali Parekh identified three stocks for intraday trading on Tuesday: UPL, Karnataka Bank, and NTPC.
These recommendations reflect a focus on selective opportunities within a market that has shown resilience but remains cautious.
UPL, a major agrochemical company, and NTPC, a state-owned power utility, were highlighted alongside Karnataka Bank, suggesting a mix of cyclical and defensive plays amid the current uncertainty.
The market’s performance follows a mixed week for Indian equities.