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While Nifty took 10 trading sessions to swing from the lower Bollinger band to the middle band, it took just 3 sessions to travel the upper half. This suggests that the uptrend is gaining momentum, encouraging us to believe that, despite the pace of upsides, there is more to come.

Gustavo Medeiros, Global Head of Research at Ashmore Investment Management, highlights India s inclusion of women in the labor market and manufacturing absorption as key structural trends. Despite a recent correction, Ashmore is adding exposure to undervalued Indian companies. The company had been underweight on India but sees potential in current valuations, focusing on opportunities amid a global portfolio rebalancing.

A shift below the VWAP suggests a potential bearish trend, according to technical scan data from StockEdge.com.

GMR Airports shares: On Friday, GMR Airports shares closed at Rs 77.4, marking a 1% rise on the BSE, while the benchmark Sensex gained 0.73%. The stock has fallen 18% over the past six months but has surged by 94% in the last two years. The company’s market capitalization is currently at Rs 81,747 crore.

The Indian market is expected to trade higher on Monday, supported by positive global cues. The Nifty future gained 0.78% to close at 23,382, while India VIX fell by 0.2% to 12.58. Options data suggests a broader range between 22,900 and 23,800, with an immediate range of 23,200 to 23,600, according to Chandan Taparia of Motilal Oswal Financial Services.

SAIL shares: SAIL shares rose by 1.6% to Rs 117.25 on the BSE as the company plans to operationalize its 4 MTPA Tasra coking coal mines by the second half of 2026, potentially increasing its crude steel production capacity to 35.65 MTPA by 2031.

Ola Electric Mobility shares will be in focus as the company begins deliveries of its S1 Gen 3 scooter range across India. Prices start at Rs 79,999 for the S1 X (2kWh) and go up to Rs 1,69,999 for the S1 Pro+ (5.3kWh). The Gen 3 platform offers 20% more peak power, an 11% cost reduction, and a 20% increase in range over the Gen 2.

Vodafone Idea shares: The telecom joint venture between the UK’s Vodafone Plc and India’s Aditya Birla Group has informed the Department of Telecommunications (DoT) that its current financial condition prevents it from providing a bank guarantee of Rs 6,091 crore or making a cash payment of Rs 5,493 crore to cover a shortfall from the 2015 spectrum auction.

Sensex and Nifty traded higher on Monday for the sixth straight session, driven by gains in banking and IT stocks. Positive foreign capital inflows of Rs 7,470 crore on Friday, the largest in four months, have enhanced investor sentiment following a period of significant selling by foreign portfolio investors since late September.