Nifty formed a long bear candle on Friday, indicating profit booking after Thursday’s strong rally. Weekly chart remains bullish. Support lies near 23,900. A decisive move above Thursday’s high could trigger further upside.
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing
Power capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s strong data-centre growth
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