Trent shares have fallen nearly 40% from record highs, with Kotak Institutional Equities warning of a further slide below Rs 5,000. The brokerage cites slowing same-store sales growth, aggressive store expansion risks, and muted revenue outlook as key reasons for its Reduce call.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support