Equity markets are experiencing renewed volatility as brief optimism fades, pushing benchmark indices back into consolidation. Investors remain cautious, with the Nifty’s primary trend seen as bearish, trading below key moving averages. However, selective sectors like defence and power, particularly PSUs, show resilience and offer stock-specific opportunities.
Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price