Nifty is attempting a bounce back after breaking the 24,500 support level, now trading in a 24,300-24,500 range. Rajesh Bhosale of Angel One suggests focusing on stock-specific action, highlighting PSU banks’ strength. He recommends buying Indian Bank around 662, targeting 690, and Tech Mahindra around current levels, targeting 1580, citing bullish patterns.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000
August 26, 2026