Anand Rathi’s Mehul Kothari flags stocks after index rebound
In short
Mehul Kothari of Anand Rathi said a sharp Friday rebound of nearly 300 points may be the first sign that the market is bottoming out. The index closed around 22,500, and he pointed to stocks to buy under ₹200.
This matters to traders because it suggests a short-term market recovery may be starting. The report does not say whether the move will hold or give the full stock details in the available summary.
What the reporting says
Mehul Kothari of Anand Rathi highlighted stocks to buy under ₹200 after Friday’s sharp rebound of nearly 300 points, with the index closing around 22,500. The note says the move gave the first signs that a potential bottoming process may have started. The summary does not provide the full stock list here or confirm that the rebound marks a lasting trend.
Why it matters
The market note says Mehul Kothari of Anand Rathi saw Friday’s nearly 300-point rebound and an index close around 22,500 as an early sign of a possible bottoming process. It is tied to stocks priced under ₹200, but the provided summary does not list all names or confirm a broader reversal. The impact is a short-term sentiment boost for traders, not a confirmed trend change.