“The short-term trend of Nifty has turned up sharply after a broader range movement of the last few sessions,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities. He sees resistance at 17,600 and 18,000 levels in the near term, while the immediate support is at 17,150 levels.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said