Nifty 50 Faces Downside Risk; Sudeep Shah Recommends Four Bullish Stocks, HUL in Focus

• Sudeep Shah of SBI Securities warns Nifty 50 faces further downside if it fails to reclaim the 25,400-25,450 band, with immediate support at 24,800.
• Nifty has corrected over 5% in 11 sessions from its record high, breaking below its 200-day EMA for the first time since April 2025.
• Bank Nifty also saw significant selling, declining over 2.5% and slipping below its 50-day EMA, with 58,200-58,100 as immediate support.
• Shah recommends Tech Mahindra and Indian Bank for accumulation, expecting upside targets of Rs 1,820 and Rs 940 respectively.
• Hindustan Unilever (HUL) is poised for an upside breakout after consolidating, while APL Apollo Tubes shows further upside potential above Rs 1,910-1,900.

Why It Matters: Nifty 50 faces continued downside risk; experts recommend Tech Mahindra, Indian Bank, HUL, and APL Apollo Tubes.