Amid market declines, Sneha Seth from Angel One notes key support levels for Nifty and Bank Nifty, emphasizing stock-specific opportunities. She suggests watching for a Nifty close above 24,900 for a potential rebound. Seth recommends a buy on Dr. Reddy’s with a target of ₹1,324 and a sell on IndusInd Bank targeting ₹797, highlighting pharma’s resilience during corrections.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall