Anand James of Geojit Investments sees potential for Nifty to hit 25,000, though warns that a drop below 24,280 may signal weakness. He expects defence stocks to sustain gains post-pullback and suggests buying Sonata Software, Sumitomo Chemicals, and Medanta on dips. Smallcaps remain under pressure, but a minor correction could reignite buying interest.
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