South Indian Bank has been upgraded to a Buy recommendation by analysts at MarketsMojo after charts and valuation indicators showed increased upside potential. The upgrade is attributed to strong technical signals, improving momentum indicators, and a valuation shift that traders believe better reflects growth prospects. The new rating signals confidence in the bank’s ability to sustain recovery in asset quality and credit expansion. 

Indian equity indices witnessed a mixed session as top gainers and losers emerged on the Nifty50 and BSE Sensex. Select heavyweight stocks led the upside with strong buying interest in sectors such as financials and consumer discretionary, while defensive and cyclical names lagged amid profit booking. Market participants noted that broader macro signals, index rebalancing flows, and sector rotation influenced intraday price action.