Indian stock market closed higher, led by Bharti Airtel, Reliance, and pharma stocks. Analysts predict Nifty’s potential rise to 24,400, supported by buying momentum and reduced volatility.
Ashi Anand sees defence indigenisation as key growth driver
IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India