Nifty closed lower on Friday amid sectoral selling pressure. Analysts expect short-term volatility but potential for a sustained rally. Cholamandalam Investment and CreditAccess Grameen are recommended for Monday, showing strong breakouts, bullish momentum, and support above key EMAs. Upside potential is 6–10%, with clearly defined stop-loss levels.
SBI mobilises Rs 6,051 crore from Tier II bonds to fund biz growth
The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted.