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Brokerages see select stocks like Meesho and EPL delivering 20–30% returns in 2026, backed by strong growth outlook and long-term fundamentals.
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Copper prices declined on Thursday, breaking a five-session winning streak, as renewed economic growth concerns emerged. U.S. President Trump’s unclear outline on ending the Iran war, coupled with a strengthening dollar and rising oil prices, contributed to the downturn. Analysts note copper’s inverse correlation with oil and direct correlation with equities, suggesting a weaker economic outlook will dampen demand.
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Six Nifty 200 stocks that rallied over 4% on April 1 appeared in the RSI Trending Up scan, with their RSI crossing above 50 from lower levels. The move reflects strengthening price momentum, which traders often track to spot improving sentiment and potential short-term buying opportunities across select counters in the market.
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Oil marketing stocks HPCL, BPCL and IOCL are in focus after crude prices surged above $105 amid escalating Middle East tensions. Brokerages warn of sharp earnings pressure due to limited pricing power, shrinking marketing margins and rising LPG losses, with valuations turning vulnerable unless supported by policy measures or softer crude.
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The Reserve Bank of India has intensified its crackdown on rupee speculation, now targeting corporate arbitrage after initial measures on banks proved insufficient. New rules prevent banks from offering rupee non-deliverable forwards and bar companies from rebooking cancelled forward contracts, aiming to curb currency volatility amid geopolitical concerns.
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