Nifty 50 snaps two-day winning run to close 1.11% lower at 22,889

The Nifty 50 index fell 257 points or 1.11% to close at 22,888.95 on Monday, snapping its two-day winning streak amid macroeconomic concerns.

Analysts suggest maintaining a 'buy on dips' stance with immediate support placed in the 22,800–22,600 zone.

Technical experts recommended short-term stock picks including Just Dial, Oriental Hotels, and BSE with specific targets and stop-losses.