Top 2 stocks to buy or sell for short-term: Laurus Labs, Canara Bank by Chandan Taparia - Check stop-loss, targets
AI Summary
The ongoing decline in the Indian stock market, marked by the longest losing streak in 25 years, signals a challenging environment for retail investors. With foreign selling pressure and rising crude oil prices, investors should remain cautious, particularly in sectors sensitive to global economic shifts. The recommended stocks, Laurus Labs and Canara Bank, may present opportunities, but investors should closely monitor market volatility and macroeconomic indicators before making decisions.
Stock market today: Domestic benchmark indices, currency and debt markets will remain closed on Friday, 2 October, on account of Gandhi Jayanti. Trading will resume on Monday, 5 October.
The BSE Sensex fell 0.79% to 71,909.70 on Thursday, while the broader NSE index declined 0.88% to 22,421.95. The benchmarks extended their losing streak to an eighth consecutive week, marking their longest such run in 25 years. Record foreign selling, crude oil prices near $100 a barrel and a sharp rise in global bond yields weighed on investor sentiment.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 02 October 2026.
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TopFund's automated sentiment analysis reads this article as neutral in tone, based on the language used in the report. This is a general signal, not investment advice.
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