Stocks to buy | Mehul Kothari's stock recommendations under ₹200: During the week ended October 30, 2026, Indian equity markets staged a strong recovery, with the Sensex gaining 1.8% to 74,460 and the Nifty advancing nearly 2% to 23,053. After a subdued start amid elevated crude oil prices, markets rallied on Thursday following the US Federal Reserve's decision to keep interest rates unchanged, which eased oil prices and spurred institutional buying.
Banking, FMCG, Realty, and IT stocks led the recovery, while select earnings also supported sentiment. However, mid- and small-cap participation remained mixed, with crude oil prices remaining a key concern.
Mehul Kothari, Deputy Vice President — Technical Research at Anand Rathi, believes that Friday's session witnessed significant selling pressure in individual stocks, with the Smallcap 100 declining nearly 2%, the Midcap index falling around 1%, and other broader market indices, including Midcap 500, also ending in the red. Most of these indices are struggling around their respective major resistance zones, indicating a lack of broader market participation. Nifty, too, is yet to decisively clear the crucial 23,200 hurdle.
“For…