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The selloff in Adani stocks resumed after a report published by The Ken raised questions on whether the Ahmedabad-based conglomerate has actually repaid debt totaling $2.15 billion.

The weekly strength indicator RSI is in bullish mode and weekly RSI crossover above its reference line generated abuy signal.

The stock quoted a 52-week high price of Rs 554.05 and low of Rs 470.0.

The Relative Strength Index of the stock stood at 40.58 on Monday.

Experts suggest investors should maintain 25-30% cash in the bank and purchase government treasury bills or 10-year dated bonds which offer a better yield due to indexation benefits on tax. Private sectors are said to be better investments than public sector banks. Though the hospitality sector and metal industry are suggested, the election year and government actions to control inflation cap returns, making modest returns possible in the short term with higher gains possible after some years.

Kotak Mahindra Bank, incorporated in the year 1985, is a banking company (having a market cap of Rs 346274.02 Crore).

A total of 6,580 shares changed hands on the counter till time (IST).

Bullish Belt Hold line candlestick above 200 day EMA and supply line breakout area joining last three months highs signaling positive bias.

The Nifty Realty index was trading 0.22 per cent up at 388.2.

​So things seem to have stabilised like you rightly said that the OPEC move has created an upward move in oil prices in the near term.