Traders can buy the stock at this level for an upside target of Rs 5,200-5,500 in the next 6-8 months. We recommend buying at this level and more on dips to Rs 4,350 with a stop loss of Rs 4,200, on a weekly closing basis.
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk
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