Nifty formed a long bear candle on Friday, indicating profit booking after Thursday’s strong rally. Weekly chart remains bullish. Support lies near 23,900. A decisive move above Thursday’s high could trigger further upside.
Mutual funds bought Rs 45,400 crore worth of stocks in July, with State Bank of India emerging as the top pick at Rs 10,200 crore.
Prime Minister Narendra Modi’s Independence Day GST reform announcement is seen as a game-changer, with brokerages projecting a Rs 2.4 lakh crore demand boost and
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