Nifty shows recovery, trading flat at 24,840, with analyst CA Rudramurthy BV noting a positive reversal pattern and key support at 24,580. He recommends buying on dips, citing domestic policy pushes and strong earnings potential. Metals, e-commerce, and PSU banks are favored sectors, with stock picks including Nykaa, Paytm, Eternal, and IndiGo.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian