Hero MotoCorp shares have surged 15% in two weeks, fueled by optimism surrounding potential GST rate reductions and a strong technical breakout. Analysts predict further upside, with targets ranging from Rs 5,600 to Rs 6,000, citing bullish technical indicators and sustained trading above key moving averages. While overbought conditions may lead to a near-term correction, the overall outlook remains positive.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase