Nifty’s weekly chart shows a bearish reversal, with key support at 22,800 and resistance at 23,250. Analysts foresee further downside unless Nifty decisively moves above 23,300, confirming a potential trend reversal.
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100