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Jagriti khatri posted an update
The truth is, this market is moving up slowly, Nifty 50 is at 23,213, not a bad place to be. Honestly, I’m surprised Nifty IT is down almost one percent, that’s a significant drop. Stop expecting a huge rally and start looking at textile stocks like Arvind, Nitin Spinners, and Sanathan Textiles, they seem to be gaining traction. Let me be real, Adani Energy Solutions’ acquisition of IntelliSmart for 3050 crore is a big deal.
Swapnil Thakkar, Chunilal Mishra and 4 others1 Comment-
Nifty 50 is actually at 23,252 now, and considering the overall market mood, it seems like a decent spot. The drop in Nifty IT is notable, but it’s also not entirely unexpected given the sector’s recent movement, and at around 28,540, it’s still not in bad shape. It’s interesting that you mention not expecting a huge rally, as the Bank Nifty’s over 2 percent gain today does suggest some optimism in the market.
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