Tech view: Rupak De of LKP Securities noted that the Nifty could move towards 24,050 in the near term, with support at 23,500, where maximum put writing is visible. Open interest (OI) data shows the highest OI on the call side at 23,800 and 23,750 strike prices, while the highest OI on the put side is at 23,500, followed by 23,600.
Sun Pharma deal structurally strong, debt the only overhang: Amit Khurana
Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma’s acquisition is seen as strategically sound, though debt requires careful management.