Indian equity benchmarks Sensex and Nifty experienced a decline on Thursday, influenced by a sharp drop in Adani group stocks. Market analyst Riyank Arora suggests a buy-on-dips approach for Paytm and recommends buying IndiGo at the current market price. However, he advises caution for Varun Beverages, suggesting investors wait for lower levels before considering long positions.
Tech view: Nifty rebounds above 23,500 level, 200 DEMA; pullback rally eyes 24k resistance. How to trade on Monday
The Nifty gained 375 points over the week to close at 23,907. A smart comeback by the bulls in the second half of this week