Nifty is sustaining nearly 300 points above its 10 day exponential moving average while Bank Nifty is trading close to 550 points above the same on daily charts.
Nischal Maheshwari highlights positive growth in the power sector’s transmission and distribution (T&D) due to solar power adoption and rising power consumption, necessitating infrastructure upgrades.
Manas Jaiswal from Manas Jaiswal Technical Research gives his view on the indices. He is cautious on Nifty but bullish on Bank Nifty. He suggests
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