The Nifty has reached 25,400 this week. Experts predict the rally may continue next week. Rajesh Palviya suggests Nifty could reach 25,750 if it surpasses 25,500. Banking stocks are currently supporting the market. Palviya sees potential in PSU banks, NBFCs, power, and chemical sectors. Suzlon Energy and Bharat Forge are his stock picks.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires