# Equity benchmarks soared nearly 4 percent on April 8, extending the uptrend for the fifth consecutive session following the US-Iran ceasefire deal.

*business · news · 2026-04-08 · Moneycontrol*

## Key points

- Manappuram Finance has broken above a falling trendline and reclaimed its 21-DMA at Rs 258.
- Polycab India shows a triple bottom pattern with fresh long build-up in derivatives, targeting Rs 8,200.
- Titan Company achieved a falling channel breakout with strong volume, targeting Rs 4,800 in the short term.
- Union Bank of India broke out of its Rs 163–183.5 range, signaling a new bullish phase.
- APL Apollo Tubes broke out from its Rs 1,834–2,025 range, targeting Rs 2,220 amid metal sector outperformance.

**Companies:** Manappuram Finance, Polycab India, Titan Company, Union Bank of India, APL Apollo Tubes, Mahanagar Gas, Motilal Oswal Financial Services, Indus Towers
**Countries:** India

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-manappuram-finance-polycab-india-titan-company-union-bank-indus-towers-and-others-on-april-9-13884085.html)

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