Indian Shares Decline as IT Drags on Tech Mahindra Results; 4 Stock Picks for Monday
• Indian shares declined on Thursday, dragged by IT stocks following disappointing Tech Mahindra results and retreating financial stocks • Sensex closed 0.51% lower at 70,700, Nifty 50 closed below 21,400 level • Market could encounter resistance around 21,500-21,600 levels; support around 21,100-21,000 levels in near term • 4 stock recommendations for Monday Buy GPPL, PNC Infratech, West Coast Paper Mills, and Venus Pipes and Tubes • Target prices, stop losses, and technical analysis provided for each recommended stock