Stocks in news: ITC Hotels, Tata Capital, Ola Electric, Adani Power, LTIMindtree
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Markets started the week on a weak note and declined nearly half a percent, pressured by negative cues. From a technical perspective, analysts say the Nifty's break below the key support zone near 25,600 signals a continuation of the near-term corrective trend, with the next support placed around the 25,300–25,400 range. "In the event of a rebound, the 25,600 level followed by the 25,800 zone is likely to act as strong resistance. Despite the prevailing weakness in the index, select sectors and themes continue to show relative strength. Participants are therefore advised to align their positions accordingly, focusing on sectoral leadership and maintaining disciplined risk management," said Ajit Mishra – SVP, Research, Religare Broking. In today's trade, shares of ITC Hotels, Tata Capital, Ola Electric, Adani Power, LTIMindtree among others will be in focus due to various news developments and third quarter results. Persi...