The Indian stock market rebounded strongly this week. Nifty 50 crossed 25,000, recovering previous losses. Operation Sindoor boosted market sentiment. Midcap and Smallcap indices also rose significantly. Analysts suggest Nifty may reach 25,300-25,600. Bank Nifty faces resistance at 55,700-55,800. Stock-specific trading is favored. Defense stocks are overbought. Metal sector shows bullish signs. Hyundai and BHEL are in uptrends.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase