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.
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.
Ferns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annual revenue
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