Rajesh Palviya of Axis Sec suggests Hindalco Industries, Cummins India, Adani Power shares to buy on April 10

The power sector is seeing significant interest with multiple reports on best stocks and nuclear energy progress. This recommendation for Adani Power aligns with the broader positive sentiment in the energy space.

Given the positive market opening and specific stock recommendations, consider long positions in the recommended power and industrial stocks, with a focus on momentum.

For Indian markets, this story mainly matters for HINDALCO, CUMMINSIND, ADANIPOWER and the Metals & Mining, Capital Goods, Power pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Recommended for purchase due to strong bullish trends. Recommended for purchase due to strong bullish trends. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Rajesh Palviya of Axis Sec suggests Hindalco Industries, Cummins India, Adani Power shares to buy on April 10.
• •The stock market opened positively on April 10, with Nifty 50 and Sensex rising.
• •Hindalco and Cummins India showed strong bullish trends.
• •Investors are advised to buy and hold these stocks for potential gains.
• •Financial sector gains contrasted with TCS's drop.