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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Global bond market volatility fueling shift towards Asia-Pacific equities: Manishi Raychaudhuri

After a strong rally in Asian markets, particularly India, a breather is expected due to high valuations and downward revisions in earnings estimates for fiscal

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Gold to remain a long-term strategic asset amid geopolitical shifts: Manishi Raychaudhuri

Manishi Raychaudhuri favors private sector banks due to potential consumption and investment rebound, alongside consumer discretionary stocks benefiting from tax cuts. Industrials, boosted by infrastructure

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