The stock is trading close to overbought levels which could result in some profit taking but traders can look to buy the dip. The Supertrend indicator also triggered a buy on daily charts in November.
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable
Futures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intelligence trade
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