Stocks in news: Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent and Zydus Lifesciences
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian equity markets recovered on Monday as the Nifty 50 rose 133.80 points to close at 22,555.75.
- ✓Investors now watch Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent, and Zydus Lifesciences.
- ✓Vedanta will consider a dividend on October 8, 2026, while Trent reported a 23% revenue increase for the September quarter.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
Indian equity markets staged a recovery on Monday, supported by softer-than-expected US jobs data and a moderation in crude oil prices, providing some relief to investors assessing the near-term interest rate outlook. The Nifty 50 ended the session at 22,555.75, up 133.80 points, or 0.60%.
Technically, the Nifty tested its broken weekly 200-SMA zone at 22,580-22,600 but closed below the band. A sustained move above this zone could extend the recovery towards 22,800, while rejection could keep 22,400 as the immediate support, according to Hariselvan Radhakrishnan, Founder & CEO of HST Wealth.
Against this backdrop, Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent, Zydus Lifesciences and other stocks are likely to remain in focus on Tuesday following key corporate developments and business updates.
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The Economic Times
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