Indian equity markets maintained their upward trajectory into the start of the week, with benchmark indices holding firm above critical technical levels after a third straight session of gains.
The rally, supported by robust buying interest, has kept investor sentiment positive despite mixed global signals.
Amid this backdrop, Sumeet Bagadia, head of research at Choice Broking, identified three stocks for accumulation on Monday, August 3.
The recommendations included Reliance Industries, Bharti Airtel, and TVS Motor, signaling continued confidence in India's large-cap conglomerates and consumer-facing sectors.
The Nifty's ability to reclaim and sustain levels above recent resistance underscores the strength of domestic inflows, which have helped offset broader sector rotations seen in global tech markets.
This resilience aligns with earlier reports of foreign capital returning to Indian equities as crude oil prices retreated, easing margin pressures for energy-intensive sectors.