While the index could find support at 16,888 levels, the upside is capped at 17,600, analysts said. Ambuja Cement, Trent, Apollo Tyre, ICICI Bank, SBI, Eicher Motors, Maruti, Britannia, Hindustan Unilever, and TCS are some of the stocks analysts suggest for traders.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders