Though the near-term uptrend status of Nifty remains intact, the market could probably show some more choppy movement or minor dip in 1-2 sessions before surging higher in the near term. Immediate support is at 24,600 levels.
Jefferies increases weight in Reliance, 2 others; trims weight in 3 stocks in latest model portfolio changes. See list
Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in