We expect Nifty to head towards 17,900 in the truncated week while midcaps could relatively outperform. Use the dips to buy as strong support exist at 17,300. Strength in Indian equities is well supported by a strong correlation with developed market indices.
IGL, MGL shares tumble up to 7% after changes in domestic gas allocations
The shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies, as they will now depend