Amidst Nifty’s fifth consecutive week of losses, traders are eyeing stock-specific opportunities. Kaynes Technology and Jindal Stainless show bullish potential, while Jio Financial Services is expected to test higher levels. Conversely, Indraprastha Gas and Dr. Reddy’s Laboratories face bearish sentiment. Exide Industries and Federal Bank are also anticipated to underperform in the near term, according to analysts.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month