Nifty is poised for an upward movement towards the 25,300-25,500 range, fueled by the RBI’s rate cut. Experts suggest a ‘buy on dips’ strategy, anticipating gains in rate-sensitive sectors like private banks, real estate, and automobiles. Technical analysis indicates a potential breakout, with key support levels identified at 24,800 and 24,500.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment