Indian markets saw a muted session as investors focussed on individual stocks, with the Karnataka Assembly elections as a backdrop. The benchmark Nifty index settled 49.15 points higher at 18,315.10, following a day of gain and loss swings. A long-legged doji pattern emerged on the daily chart, suggesting investors should exercise caution at the highs. No reversal pattern has been spotted so far, yet a decisive move above the 18,300-18,400 range would unlock upside targets of 18,600-18,700 in the near term.
HDFC Life Q4 Results: Cons PAT rises 15% YoY to Rs 475 crore, revenue jumps 16%
The company’s board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.