New Delhi, Aug. 5 -- On Monday, Nifty 50 rose 0.64% to close near 24,722, snapping a two-day losing streak as investor sentiment improved amid hopes of a U.S. Fed rate cut following weak July jobs data. Metal and Auto stocks led the gains, with Hero MotoCorp and TVS Motor rallying after posting strong results.
However, IT stocks witnessed a pullback rally despite concerns over U.S.-India trade tensions and the global revenue outlook. Broader market indices saw modest gains, though sectoral breadth was mixed.
Taj GVK Hotels & Resorts (current market price: Rs.432.20)
Buy: Kaynes Technology India Ltd. (KAYNES) -Current Price: Rs.6,297
Target price: Rs.6,440
Stop loss: Rs.6,228
Buy: Hitachi Energy India Ltd. (POWERINDIA) -Current Price...
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