Page 22 - Interglobe Aviation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sanjiv Bhasin, Director of IIFL Securities, advises investing in PSUs, OMCs, insurance companies, and largecaps like Reliance and HDFC Bank. He also suggests considering stocks like Vedanta, Hindustan Copper, Devyani, HDFC Life, and Asian Paints for potential returns. Bhasin says: "We remain in a bull market but fundamentally and technically, we have reached a peak from where we can see some consolidation/correction. '

Nifty on Tuesday ended flat to form an indecisive Doji candle on the daily charts. The immediate resistance for Nifty is at 22,500, and a break above this on a closing basis would signal a resumption of the upward movement.

Rakesh Gangwal, his wife Shobha Gangwal, and their family trust, all members of the promoter group, owned approximately 34% of the airline in December 2022.

A shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.

Indian shares are set to open higher on Tuesday, tracking gains in broader Asian peers, while investors await domestic and U.S. inflation prints.... -March 11, 2024 at 10:26 pm EDT - MarketScreener