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According to Axis Securities, the index is expected to trade between 25,50026,300 with a positive bias this week.
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Copper, aluminium, and zinc prices are rallying globally amid supply constraints, strong demand, geopolitical tensions, and green energy transitions. China continues to dominate consumption. Short-term corrections are possible, but structural factors support a long-term bullish outlook, especially for metals critical to energy, infrastructure, and EV development.
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Analyst consensus highlights nine Sensex stocks with strong upside potential over the next 12 months, projecting gains of 15% to 23%. Top picks include ICICI Bank, Trent, NTPC, Adani Ports, ITC, HDFC Bank, Reliance Industries, Eternal, and UltraTech Cement, offering investors research-backed guidance for positioning ahead of potential market rallies.
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These lenders, already proven multibaggers, are back in the spotlight as investors bet on improving credit growth, cleaner balance sheets, and a pick-up in profitability.
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The combined market valuation of seven of the top-10 most valued firms jumped by Rs 1,55,710.74 crore in the holiday-shortened last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities.
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News and Media
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