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Market Commentary | Axis, HDFC Bank & IT Stocks Bleed! Vaishali Parekh On Key Support Levels

Market Commentary | Axis, HDFC Bank & IT Stocks Bleed! Vaishali Parekh On Key Support Levels

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi,
  • Oct 19, 2026,
  • Updated Oct 19, 2026, 6:49 PM IST

 

Is the recent Dalal Street rally losing steam, or is this just festive profit booking? Join us live on Business Today TV with Vaishali Parekh, VP of Technical Research at Prabhudas Lilladher, as she decodes today’s Nifty and Sensex correction. After last week’s impressive 625-point Nifty surge, markets are taking a breather ahead of the Dussehra holiday. Are the macroeconomic tailwinds - like a strengthening Rupee and cooling US bond yields - enough to trigger a positional breakout? Vaishali shares her top support and resistance levels, explains why she’s turning bullish on frontline stocks, and reveals her top picks in the PSU Banking, Metals (JSW Steel, Hindalco), and IT sectors. Tune in for expert technical analysis and actionable trading strategies before the closing bell.