A positive break of 24,400 could take Nifty to 24,700: Analysts

August 12, 2024

Conversely, in case of profit booking, the index might drop to levels around 23,700 or 23,400, say technical analysts. Stocks recommended by analysts for long positions include Alkem, Asian Paints, BPCL, Cipla, HDFC Bank, Hindustan Unilever, BSE, Oil India, and CEAT.

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India’s headline indices ended Friday with strong gains helped by bank, energy and IT stocks. Nifty moved up sharply after three days of consolidation, resuming

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US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk?

Indian markets ended the week higher but may face volatility due to U.S. airstrikes on Iran. Rising crude oil prices, cautious FIIs, and weak technical

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