GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Monday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded up by 48 points or 0.21% at 22,638 indicating a  positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 ended down by 150.40 points or 0.67% to settle at 22,419.35 while the BSE plunged 609.28 points or 0.82% to 73,730.16.

“Markets witnessed profit taking on Friday and shed over half a percent, tracking feeble global cues. After the flat start, the Nifty gradually inched lower as the day progressed and finally settled around the day’s low at 22,419.95 (-0.7%).  Meanwhile, a mixed trend was witnessed on the sectoral front wherein pharma, realty and IT posted decent gains while financials and banking ended in the red. The broader indices outshined the benchmark and gained in the range…