The near-term uptrend status remains intact and the market is now showing minor consolidation at the hurdle of 18,350 levels. The choppy movement/minor weakness could continue for the next 1-2 sessions before showing another round of sharp upside bounce from the higher lows. Immediate support is placed at 18250.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles