On Monday, Indian stock markets experienced a volatile session, declining nearly 1% due to weak global cues. Analysts indicate that sustaining above 23,500 is crucial for any rebound, or the market bias may turn negative. In this context, traders are advised to adopt a cautious stance and focus on stock selection based on relative strength. Notable companies in focus included ICICI Prudential Life Insurance, which reported a 58% increase in profit after tax, reaching ₹609 crore for the March quarter. Anand Rathi Share and Stock Brokers also saw a substantial profit surge of 126% year-on-year, totaling ₹41.5 crore. Additionally, LIC announced a 1:1 bonus share issue, enhancing shareholder value. In a tragic incident, Vedanta reported a boiler explosion at a power plant in Chhattisgarh, resulting in at least nine fatalities. Meanwhile, GE Aerospace and Hindustan Aeronautics Limited (HAL) have advanced collaboration efforts to co-produce F414 jet engines for India's future combat aircraft.