Nifty eyes 24,600; SBI, Glenmark Pharma, Tata Power on analyst radar
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The Nifty index rebounded strongly, closing at 24,231.30, up 1.63%, supported by positive global cues and a cooling in crude oil prices. All major sectors, especially IT, realty, and energy, performed well, with midcap and smallcap stocks gaining over 2%. Analysts expect the Nifty to target 24,350–24,600, with support at 23,900–23,600. Stock recommendations include buying Glenmark Pharma, SBI, and Tata Power, each showing strong technical indicators and potential for further gains.
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