Though the near-term uptrend status of Nifty remains intact, the market could probably show some more choppy movement or minor dip in 1-2 sessions before surging higher in the near term. Immediate support is at 24,600 levels.
AMFI Reshuffle: Five midcap stocks that may get upgraded to largecap
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI’s H1 CY27 reclassification.