Despite geopolitical tensions, Nifty demonstrated resilience with a 3.46% gain in April, supported by FII inflows and strong domestic fundamentals. Analyst Sudeep Shah anticipates near-term consolidation between 23,800-24,600. Bank Nifty outperformed, hitting record highs, while Reliance showed strength. Defense stocks like Paras Defense and BEL are poised for further gains amid ongoing tensions.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
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