Ganesh Dongre, market strategist at Anand Rathi, has identified three equities for potential accumulation ahead of Monday’s trading session.
The recommendations arrive as Indian benchmark indices staged a sharp rebound, extending their winning streak to a third straight session on Friday, July 31.
The broader market rally was supported by mixed global cues and easing crude oil prices, which helped alleviate pressure on domestic sentiment.
Dongre’s picks include NHPC and Zydus, among others, signaling a shift toward specific sectoral opportunities within the broader market recovery.
The advice comes at a time when investors are closely watching the interplay between global energy markets and local equity performance.
With crude prices softening, the immediate headwind on input costs for certain sectors has diminished, creating a more favorable environment for selective equity exposure.