Nifty is currently placed at the hurdle of 23,400-23,500 levels, This is weighing high for the market to sustain the new all-time highs which creates a possibility of dip in the market. Immediate support is at 23,050.
HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upside
Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price