Market trading guide: M&M, Elecon among 4 stock recommendations for Monday

Benchmark indices ended the last week on a positive note after recovery towards the latter half despite mixed global trends. With corporate earnings in the last phase, stock specific action is likely to continue going forward.

Further analysts say strong domestic economic data will likely keep markets in upbeat mode.

“The consistent inflow of funds from foreign institutional investors due to falling US bond yields and the weakness of the dollar helped in controlling the downward pressure in the domestic market,” said Vinod Nair, Head of Research at Geojit Financial services.

Here are stock recommendations for Monday.

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