stock market India

Nifty 50 (22,147) and Bank Nifty (47,574) lost 1.7 per cent and 2 per cent respectively last week. Consequently, the futures contract of these indices too fell. Below is an analysis of futures and options data and projection for this week.

The long-term outlook remains positive for the stock of Manappuram Finance (₹188.15). A conclusive close above ₹207 will reconfirm the bullish trend. In that case, the stock can record new highs.