The index displayed a strong bullish signal on the daily chart, forming a long candle with a small upper shadow. This suggests an attempt to break through the resistance level created by the downward gap on August 2nd, which was around 24,950-25,000. Furthermore, the significant downward gaps observed on August 2nd and 5th have been fully closed, around 24,950 and 24,680 respectively. Nagaraj Shetti of HDFC Securities views this as a positive development.
Divi’s Laboratories shares gain another 5% after Q2 results. Here’s why Jefferies raised target price by 23%
Shares of Divi’s Laboratories jumped 5% following a 64% YoY surge in Q2 FY27 net profit to Rs 1,127 crore. Brokerage Jefferies raised its target