Indian Hotels Ltd, part of the hotel industry and owned by Tata Group, has rallied over 12% in a month to reach a fresh record high in January 2024. Short-to-medium-term traders can consider buying the stock now with a target of more than 500 in the next 3-4 weeks. The stock rose from Rs 424 to Rs 479 in a month, showing an upside of nearly 13%. It is trading in an upside channel on the weekly charts since 2020-21, indicating a positive trend. The stock has strong momentum and potential for further upside.
India’s free trade pacts not paused, all talks progressing as per schedule: Official
India is proceeding with its free trade agreement negotiations with various countries and blocs, including the UK and the EU, according to a government official.
November 17, 2024