Analysts of IIFL Capital Services replace BAF with Chola Investment in their large-cap picks, along with removing Trent and Mankind after their recent OP, and retain their overall constructive stance. Geo-politics causing a sharp crude spike is a risk.
No new positions are permitted in any of the F&O contracts for the specified stocks during the ban period.
On Monday, oil prices plummeted more than $1 a barrel, with Brent falling below $90, as Middle East tensions eased after Israel withdrew more soldiers from southern Gaza and agreed to new talks on a potential truce in the six-month conflict.
Chair Jerome Powell and other top officials have called for "patience" while making decisions about when to cut rates in the US due to a tight labour market and slow progress on inflation in the past few months.
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Here are some of the stocks that may see significant price movement today.
Benchmark U.S. 10-year Treasury yields increased along with the dollar's 0.1% gain against its competitors, which decreased the appeal of gold to other currency holders.
Amidst all the data flows, it will be oil prices that will set the tone for markets this week.
The big driver of rate cut expectations this week will be the US consumer inflation and FOMC minutes.
In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

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