Benchmark indices Sensex and Nifty closed higher for the third consecutive day on Thursday due to buying in heavyweight stocks like Nestle India, IndusInd Bank, and Bajaj Finance. Technical analysts recommend holding Nestle India and Bajaj Finance, while advising investors to exit IndusInd Bank.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.