New Delhi, Oct. 7 -- On Monday, Indian markets witnessed a strong bullish sentiment. After opening on a gap-down note, equities quickly regained momentum, sustaining steady buying throughout the session and closing in green - signalling renewed strength across major indices. Financials and metal stocks were the key drivers behind the recovery.

Why it's recommended: IOC is showing renewed strength, supported by strong energy sector momentum and stable crude prices. The daily RSI stands near 61.3, indicating bullish momentum. The MACD at +2.7 supports the positive crossover, while the ADX at 35.8 reflects trend acceleration. The stock has broken above its short-term consolidation band, confirming a continuation setup toward Rs.162- Rs.164....