Tea stocks soar as prices spike due to heatwave and floods, reaching new highs. India’s struggling tea industry could benefit from the surge, but financially weak producers still face challenges.
Tech view: Nifty has formed a double bottom pattern and a doji candle near key support levels. The 21-day simple moving average (DSMA) at 23,285
ITC Hotels: Jefferies initiated coverage on ITC Hotels (ITCH) with a ‘buy’ rating and a target price of Rs 240, citing strong growth potential. It
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