GENERAL26 Sept 2026
Sumeet Bagadia's stock picks for Monday — Mahindra And Mahindra, Asian Paints, HCL Tech | Target, SL, market outlook | Stock Market News
Nifty 50 fell for a seventh straight week, its longest losing run in six years, closing about 0.88% lower. Foreign investors sold roughly ₹18,531 crore in September, while domestic funds bought about ₹52,617 crore. Analyst Sumeet Bagadia calls the market sideways to bearish, with support near 22,900. He prefers Mahindra and Mahindra, Asian Paints and HCL Tech for the short term.
Key Statutory Highlights
- Nifty 50 fell about 0.88% for the week, its seventh straight weekly loss and longest losing run in six years.
- Foreign institutional investors sold about ₹18,531 crore in September, while domestic institutional investors bought roughly ₹52,617 crore.
- Sumeet Bagadia sees Nifty support at 22,900–23,000 and resistance at 23,300–23,370, and picked Mahindra and Mahindra, Asian Paints and HCL Tech for the short term.
Actionable Advice for Taxpayers / Founders:If you plan to act on these short-term stock ideas, speak to a certified financial expert first, as the source itself marks them as one analyst's educational views and not a confirmed outcome.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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