The index breached its important support levels, and pullback rallies should be utilized to initiate fresh short positions. The higher-end resistance is visible at the 39,500-40,000 zone, and the next support is seen at the 38,000 level.
Torrent Power share price: The company also experienced consistent revenue growth. For Q3 FY25, revenue from operations was Rs 6,499 crore, marking a 2% increase
Also, largely the largecap stocks are reaching that reasonable valuation phase. There is still a lot of overvaluation in some of the midcap pockets, but
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