Seasonal tailwinds set the stage for select stock rallies
August's historical seasonality favors Indian equities, with analysts identifying key stocks. Derivatives data reveals fresh long positioning in Delivvery and Aditya Birla Capital. Jio Financial witnessed a bullish breakout, while Bajaj Holdings shows strong accumulation. Muthoot Finance is well positioned to extend its gains, analysts noted. Conversely, LIC Housing Finance faces bearish bets after a technical breakdown.
