ICICI Direct’s Dharmesh Shah suggests a ‘buy the dip’ strategy, noting strong support for Nifty around 24,400-24,500. Despite tariff concerns, the market is expected to hold. A gradual recovery is anticipated in the coming weeks, targeting 25,300. For today’s trading, L&T is favored due to strong results and order inflow, targeting ₹3,812.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment