Indian equities bounced back, ending a two-day fall with the S&P BSE Sensex closing up 118 points at 62,547, and Nifty50 settling at 18,534 levels. Despite the laggards of IT and oil and gas sectors, stocks in metal, telecoms, and autos sectors helped drive gains. Hero MotoCorp grew by 3.09%, Zomato rose by 4.71%, and Cyient experienced a 6.49% gain. Senior Technical Analyst Pravesh Gour suggests investors buy Hero MotoCorp above Rs 2,950 and Cyient, and lists long-term recommendations for Zomato.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to