Technical analysts noted a strong bounceback in Nifty, predicting further upward momentum. Stocks such as Vedanta and Hindustan Copper formed bullish setups. Investors are advised to focus on IT and FMCG sectors, while considering partial profits in pharma. Positive trends were also seen in metal and banking sectors.
Zee Entertainment shares zoom 10%, hit 10-month high on plans to achieve EBITDA loss breakeven
Zee Entertainment shares surged over 10% after the company outlined plans to achieve breakeven in its digital arm Zee5, boost ad revenue by 8–10%, and