Benchmark indices touched new highs on Thursday, but ended the session with slight gains after a global rally. Zomato rose by 6.9%, Infosys gained 2.39%, and PNB fell nearly 4%. Kotak Securities’ Amol Athawale recommends buying Zomato and Infosys. PNB is deemed a good buy on dips.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to