Rajiv Jain’s GQG Partners has significantly increased its stake in Ambuja Cements to 2.05% in Q3 2024. Despite the stock’s 31% annual return outperforming the Nifty index, Ambuja is expected to see a decline in revenue and profit in the latest quarter reported.
Tech view: Nifty crucial support at 24,690, forms big red candle. How to trade tomorrow
If Nifty stays below 24,690, it may fall further to 24,500–24,400 levels. On the upside, immediate resistance is at 25,000, with the 21-day Exponential Moving