The Nifty index is expected to consolidate within the 23,800 to 24,400 range, with potential upside towards 25,000. Strong support is noted at 23,800. Analysts suggest long-term investors accumulate quality stocks in banking, IT, and realty sectors, while also considering large-cap and midcap stocks for potential gains.
Indian Bank Q1 Result: PAT jumps 24% to Rs 2,973 crore on lower NPA provisions
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with