MediumNeutral
Announced Thu, 18 Jun · 14:50 IST

Nifty holds above 24,000, but IT stocks aren't out of the woods yet: Akshay Bhagwat

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nifty has crossed the 24,000 mark with analysts projecting a potential move towards 24,600 and support around 23,800, making dips attractive for buyers. However, the IT sector continues to face selling pressure with a neutral to bearish outlook. Investors are advised to buy broader market dips and sell rallies in IT stocks.