Thu, Feb 1, 2024 4:02 PM
Corporate India’s leaders welcome FM’s balance between growth!
A Flip by Avya Verma
📈 Amid mixed global cues, benchmark indices started on a flat note today. 📊 At 9:16 AM, the Sensex gained 106.05 points or 0.15% at 72,510.22 and the Nifty was up 33.10 points or 0.15% at 21,990.60. 📢BPCL (⬆️3.94%), Abbott India (⬆️3.54%) and Manappuram Finance (⬆️2.02%) appeared as the top performers on the Nifty50 at open.
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✅Airbnb shares took a beating, falling nearly 7% in the overnight session. ✅Nippon Steel, Japan's top steelmaker, remains committed to its plan to finalise the acquisition of US Steel by the end of the year. ✅SoftBank CEO Junichi Miyakawa announced on Thursday that the Japanese telecommunications giant is currently in negotiations with South Korea's Naver concerning the control of LY Corp.
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Vaishali Parekh, VP- Technical Research at Prabhudas Lilladher, believes that the Indian stock market sentiments received a significant dent when the Nifty 50 index breached 22,000 support. Recommendations: 💰IndusInd Bank: Sell at ₹1401.45, target ₹11355, stop loss ₹1430; 💰Ajanta Pharma: Buy at ₹2409, target ₹2510, stop loss ₹2360; and 💰Sun TV: Buy at ₹656.80, target ₹678, stop loss ₹644.
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