Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough would confirm the creation of a new all-time high level for the index. Investors were advised to adopt a “buy on dip” approach with the overall market trend remaining bullish, despite the ongoing battle between the bulls and bears. Although the oil and gas sector is experiencing headwinds due to factors like geopolitical tensions and fluctuations in oil prices, the reality sector is experiencing optimism.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing