Charts reveal that the Tata Group Stock is poised for gains; the Share Price might Rally 14% in Thre

The week began with losses for the Indian equities markets due to subpar global cues. The NSE Nifty 50 index dropped 150 points, or 0.48%, to 17,600, while the S&P BSE Sensex lost more than 300 points, or 0.50%, to give up 59,300.



The week began with losses for the Indian equities markets due to subpar global cues. The NSE Nifty 50 index dropped 150 points, or 0.48%, to 17,600, while the S&P BSE Sensex lost more than 300 points, or 0.50%, to give up 59,300. Analysts claim that while the general trend is still solidly bullish, further profit taking is expected this week. The recommendation is for traders to stick with their stock-specific strategy. Tata Communications has been selected by analysts at ICICI Direct as their gladiator stock pick despite the recent turmoil. In three months, it is predicted that this stock in Rekha Jhunjhunwala's portfolio will increase by 14%.


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