The Nifty closed below 25,000, signaling potential short-term weakness, with support around 24,500 and resistance in the 25,200-25,500 range. Pharma stocks are expected to continue their upward trend, while the Nifty Defence index shows bearish signals. Investors might consider accumulating specific stocks like Capri Global Capital and NLC India.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.