Oversold Nifty could see a short-term rebound: Analysts

Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts suggest the indices have entered oversold territory, indicating a potential short-term rebound. Traders are advised to consider specific strategies like a Bull Put Spread for the September 29, 2026 expiry. Several top stocks, including Kotak Mahindra Bank and BHEL, are recommended for buying with defined targets.