As bulls make a strong comeback on Dalal Street ahead of the busy festive season, select stocks have seen a strong rebound on a technical basis, signalling a sharp break-out. A host of market analysts believe that a number of stocks can deliver strong returns in the near term, if one goes by the charts. Based on their recommendations, here are seven stock ideas that can rise sharply in up to 8 weeks:
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week’s low on Tuesday. Semiconductor stocks experienced