Bearish Market: Two Stocks for Gains Amidst Nifty's 7.1% Loss

The article discusses two stock trades for the day, one in life sciences large-cap for a potential 7.1% upmove, and another in mid-cap consumer durables for a near 7% gain. The article also mentions a bearish day for the markets, with the Nifty ending in a loss.

In a day marked by market volatility, investors have identified two stocks that could provide significant gains: a life sciences large-cap and a mid-cap consumer durables stock. These selections are based on technical analysis that suggests these stocks may experience upward momentum despite the broader market's bearish trend.

The Nifty index, which tracks the performance of the top 50 companies listed on the National Stock Exchange of India, ended Monday with a loss. Despite opening negatively, the Nifty briefly entered the positive zone but ultimately closed in the red, indicating a challenging trading day. However, technical analysis has identified two stocks that could buck the trend and offer investors a potential 7.1% upmove in the life sciences large-cap sector and a near 7% gain in the mid-cap consumer durables segment [1].

Veeva Systems Inc. (NYSE: VEEV), a leading provider of cloud-based software solutions for the life sciences industry, has been making waves in the market with its innovative products and strategic positioning. As the company navigates through a competitive landscape and evolving industry trends, investors and analysts are closely watching its performance and future prospects. The company's recent financial performance has been robust, with strong growth across various segments, including a 17% year-over-year increase in total revenue and a 19% increase in subscription revenue [2].

Meanwhile, in the consumer durables sector, a mid-cap stock has been identified as a potential winner. While the exact name of the stock is not specified in the provided materials, the technical analysis suggests that this stock could offer a near 7% gain, making it an attractive option for investors looking to capitalize on market volatility.

Investors should remain cautious, as the broader market remains volatile and uncertain. While these two stocks present promising opportunities, it is essential to conduct thorough research and consider the broader market trends before making any investment decisions.

References:
[1] https://m.economictimes.com/markets/stocks/news/two-trades-for-today-a-life-sciences-large-cap-for-a-7-1-upmove-a-mid-cap-consumer-durables-stock-for-close-to-7-gain/articleshow/122957091.cms
[2] https://www.investing.com/news/swot-analysis/veeva-systems-swot-analysis-life-sciences-leader-faces-crm-stock-battle-93CH-4156239