According to Mileen Vasudeo of Arihant Capital Markets, Nifty is expected to cross its initial resistance level of 18,650 and reach its prior all-time high soon, with the possibility of further gain. Bank Nifty is also likely to see a fresh all-time high and extend its gains towards 44,500 to 44,800 levels. Stock recommendations include VRL Logistics and Tata Elxsi, with expectations that both may see higher levels in the coming weeks.
HCL Tech, HDFC Bank among 10 companies which witnessed highest selling by mutual funds in December
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech,