As long as the stock is above the same, the uptrend wave is likely to continue. Above this, it could move up to Rs 3,900-4,000. Traders may prefer to exit from the trading long positions on a close below Rs 3,550.
Emkay initiated coverage on Dabur India and InCred also initiated coverage on the EMS industry.
The IPO of Vaibhav Jewellers was fully subscribed on the last day of the bidding process. The overall subscription stood at 2.25 times at close.
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