Source Post

SMART Recovery? Post Market Report 06-Oct-26

Oct 6, 2026

PR Sundar discusses the recent market volatility, noting a significant drop in the India VIX ahead of the RBI policy announcement. He highlights a short-term bullish turn for the market while cautioning that IT stocks remain weak and that a sustained recovery depends on crude oil prices falling further.

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Tickers discussed in this post

BTCSNeutralMedium ConvictionSignal-backedSecondary

TCS is under pressure alongside the broader IT sector, with the creator expressing skepticism about buying into the stock.

INFYNeutralMedium ConvictionSignal-backedSecondary

The creator remains cautious on IT stocks like Infosys, noting a lack of buying conviction despite potential short covering.

IBNNeutralMedium ConvictionSignal-backedSecondary

ICICI Bank performed well as a major index contributor during the recent market rally.

HDBNeutralMedium ConvictionSignal-backedSecondary

HDFC Bank was a key contributor to the Nifty's recent rally, showing strength despite the upcoming RBI policy.

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