Rupak De of LKP Securities suggests a ‘buy-on-dips’ strategy for Cochin Shipyard and anticipates market momentum to continue, highlighting BFSI and realty sectors as profitable. He recommends NALCO, IIFL, and Oberoi Realty as top picks, citing bullish technical indicators and potential for further upside. Nifty Bank’s outperformance is noted, with key support and resistance levels identified.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.