Nifty has support around 22,200 and banking index support is near 47,800. The market shows significant corrections with FIIs lacking buying interest. Coal India and ONGC are suggested buys, while IndusInd Bank is recommended for selling. Overall, caution and selectivity are advised.
Adani Group clarifies on US SEC summons report; says no allegations against company
Adani Group companies clarified via stock exchange filings that they are not parties to any US SEC legal proceedings. Reports indicated the SEC sought court