Technical charts, options data, and India VIX levels suggest possible consolidation for the Nifty within the 23,200-23,600 range this week. If the index anages to close decisively above 23,500, it could move towards 24,000, analysts said. M&M, TVS Motors, Bharti, Indian Hotels, ICICI Lombard, Cipla, JB Chemicals, harmabees, and Hindustan Zinc are some of the stocks recommended by the analysts for trading.
SBI among top 10 stock picks from Axis Securities with upside potential of up to 42%
The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026.