“During the trading period, the Nifty Index fell short of reaching the significant milestone of 20000 by a mere 9 points and experienced a sharp correction, primarily driven by declines in IT sector stocks. The correction resulted in a notable drop in the index’s value, indicating bearish sentiment in the market. The price chart of the Nifty Index displayed a Doji candle pattern, often interpreted as a sign of indecisiveness among traders.”
HAL shares rally 8% as UBS lifts target to Rs 5,440 on Rs 62,700 crore defence order win
HAL Share Price: Shares of Hindustan Aeronautics Ltd (HAL) surged by 7.6% after UBS maintained a buy rating, citing strong order momentum and revenue acceleration.