Indian stock markets bounce back as oil prices and global bond yields drop

Indian stock markets extended their recovery during the past week, driven by a drop in crude oil prices and global bond yields which boosted investor risk appetite. This positive momentum continued even though worries regarding ongoing geopolitical tensions remained present. Investor sentiment also found support from favorable global cues following widely expected policy decisions from major central banks. While lower oil prices and yields offered immediate relief, market analysts point out that this recovery will only last if global economic risks ease further and foreign investors start bringing money back in meaningfully. Meanwhile, market experts have released five stock picks with positive technical setups for Monday trade, featuring Acme Solar, Medanta, Tilaknagar Industries, Uno Minda, and PWL.