Sneha Seth from Angel One suggests booking profits for intraday positions in index options. She notes potential resistance at 23,000-23,100 levels but sees opportunities in the oil and gas sector. She highlights BPCL and Cipla as promising stocks, with specific target and stop loss levels. Banking stocks also look strong, supporting Nifty’s performance.
Bain Capital to acquire 18% stake in Manappuram Finance for Rs 4,385 crore via affiliates
Bain Capital has agreed to acquire joint control in Manappuram Finance by investing Rs 4,385 crore for an 18% stake. The transaction will trigger an