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Indian stocks experienced a decline at the opening on Monday, reversing gains from the previous session. IT stocks were the primary contributors to the downturn, triggered by the U.S. s significant increase in H-1B visa costs to $100,000.

Despite concerns over Trump s H-1B fee changes, IT stocks like TCS, Infosys, and HCL Tech show potential upsides, according to analysts. TCS could see a 17% rise, Infosys 13%, and HCL Tech 14%. However, Wipro s upside is limited, and LTIMindtree faces a possible downside.

The GST Bachat Utsav starts today. Investors in auto and consumer stocks have already profited since the GST reform announcement. Nifty Auto index rose significantly. Maruti Suzuki and Eicher Motors shares increased. Experts suggest that GST rationalization is a structural demand driver. Auto and consumer sectors may still offer opportunities. Focus shifts to FMCG, retail, and auto ancillary stocks.

Adani Power shares slipped to Rs 147 on Monday after trading ex-split following a 1:5 stock sub-division. The decline is purely optical, as the overall value of holdings remains unchanged. The company had reported a consolidated June-quarter profit of Rs 8,759 crore, and Morgan Stanley initiated coverage with an overweight rating, projecting a 41.9 GW portfolio by FY32.

On Day 2, GK Energy IPO is quoting at a 13% grey market premium over its ₹153 issue price, easing from 22% on Day 1.

Prime Cable Industries is set to launch its IPO on September 22. The company aims to raise Rs 40 crore through fresh equity and an offer-for-sale. The IPO will close on September 24, with listing on September 29. The company will use the funds for capital expenditure, debt repayment, and working capital. Revenue rose 71% in FY25 to Rs 141.

TechD Cybersecurity is ready to list on NSE SME. The IPO saw massive oversubscription. The grey market premium suggests a strong debut. The company plans to use IPO funds for expansion. TechD offers cybersecurity services like VAPT and consulting. Adani Group and Zensar Technologies are among its clients. The firm aims to be a global cybersecurity partner.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.