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Indian export businesses face growing climate risks. Sectors like aluminium and steel are vulnerable to international regulations. Climate inaction threatens profits and operations. Extreme weather events already impact India significantly. By 2030, 4.5 percent of India's GDP is at risk. Climate challenges could cost India over 10 percent of national income by century's end.
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The benchmark Nifty scaled fresh lifetime highs in the past week, but the undercurrent in the broader market remained sharply negative. Several smallcaps corrected violently as investors rotated back into largecaps, locked in profits, and reacted to stretched valuations and thin liquidity in the wider market. The divergence between headline indices and the smallcap universe widened further, with some stocks losing over half their value in just five sessions
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Indias benchmark Nifty traded within a narrow range on Friday and closed with a slight decline. Financials and IT stocks weighed on the index, while auto and FMCG names helped cushion the downside and prevented a deeper fall. The 50-stock index closed the week forming a small candlestick on the weekly chart, indicating hesitation at higher levels.Commenting on the current trends, Vatsal Bhuva, Technical Analyst at LKP Securities, said that Niftys RSI has drifted into a bearish crossover with lower tops on the hourly chart, suggesting bulls may take a breather at these levels. However, support remains visible at 26,100 and 26,000, while resistance is placed at 26,300. The technical setup suggests the index may trade in a range, with immediate support at 26,100 and resistance around 26,30026,350 levels. Closing above 26,300 levels will open the door for 26,600 levels, Bhuva said.Here are 5 stock recommendations for Monday:
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