Nifty support at 22,500; JSW Cement among 3 weekly stock ideas: Angel One
JSW Cement moved lower.
· Business Standard Mkts
Nifty 22,500 remains a crucial juncture, a decisive breach below this level could accelerate the decline towards 22,200 on intermediate basis, says Osho Krishan of Angel One.
The analysis
Against that, the stock is -0.3% on the day at ₹115.50, and has returned -12.0% over three months. It sits 19% below its 52-week high. The cement & construction sector has moved -15.2% over the same period, so JSW Cement is running 3.2 points ahead of its peers.
For JSW Cement, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.
Market context
- In focus: JSW Cement (JSWCEMENT), in Cement & Construction.
- On the day, 0 of 2 are higher: JSW Cement leads at -0.3% and Angel One trails at -3.9%.
- Over three months: JSW Cement -12.0% against Cement & Construction -15.2% (3.2 points ahead); Angel One -3.2% against Capital Markets -6.3% (3.1 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| JSW CementJSWCEMENT · Cement & Construction | ₹115.50 | -0.3% | +1.9% | -12.0% | -18.8% | 0.6× | — |
| Angel OneANGELONE · Capital Markets | ₹282.25 | -3.9% | +3.0% | -3.2% | -20.4% | 0.8× | — |
Cement & Construction
1M -5.4% · 3M -15.2%
JSW Cement
Capital Markets
1M -2.9% · 3M -6.3%
Angel One
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Sebi issues final order against Axis Capital, imposes regulatory censure; Axis Bank shares fall over 1%
Aditya Birla Capital Q2 profit rises 38% to Rs 1,288-cr
Vedanta lines up $25 bn investment over next three years for organic growth
Delhi Vehicle Entry Restrictions From November 1: Who Can Enter Under Revised GRAP Rules?
Groww opens US stock investing to all: What it costs to buy Apple, NVIDIA and Tesla shares from India