# The Indian stock market witnessed a strong rebound after six consecutive weeks of decline, supported by favourable global cues.

*business · news · 2026-04-13 · Livemint*

## Key points

- Both Nifty and Sensex rebounded about 6% after six weeks of decline, closing near record highs.
- Technical indicators show strong bullish momentum, with RSI above 50 and significant call and put writing at key levels.
- Jindal Stainless, Ramkrishna Forgings, NCC, Brigade Enterprises, and Federal Bank are recommended buys with specific targets and stop losses.
- Recent price actions in these stocks show technical breakouts, bullish reversal patterns, and strong volume expansion.

**Companies:** Jindal Stainless, Ramkrishna Forgings, Brigade Enterprises Limited, Federal Bank, NCC
**Countries:** India, United States, Iran

[Read the full story on Livemint](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-13-april-2026-11776037765705.html)

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