The Indian market closed flat but positive on Tuesday for the third consecutive day. Sectorally, utility, power, oil and gas, and energy stocks witnessed buying, while capital goods, IT, and realty stocks saw selling. Adani Enterprises surged over 13%, India Oil Corporation hit a 52-week high, and Balkrishna Industries rose over 5% on Tuesday. Viral Chheda, Sr. Technical Analyst at SSJ Finance & Securities, recommends buying Adani Enterprises and Indian Oil Corporation, while booking profits on Balkrishna Industries.
Ather Energy IPO to open for subscription as GMP stays weak. Should you bid?
Ather Energy’s IPO opens today, aiming to raise ₹2,981 crore through fresh equity and an offer for sale, where promoters and investors like Tiger Global