Om Mehra, SAMCO Securities, notes that Nifty’s daily chart shows a bullish hammer pattern, hinting at a trend reversal. After consolidating around 23,150–23,200, the index seems poised for an upward move. Positive RSI divergence and a narrowing MACD histogram indicate reduced bearish pressure, supporting potential consolidation or a minor pullback before further gains.
Singtel likely to sell stake worth Rs 8,500 crore in Bharti Airtel via block deal: Report
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