Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional inv
Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional investors (FII).Nifty closed at 22,957 after touching a new all-time high of 23,026 .
Sudeep Shah from SBI Securities analyzes the smart rally in Nifty driven by banking, especially ICICI Bank and Axis Bank. The Bank Nifty is expected to rise to 48,700-48,900, supported by private sector banks. PSU banks may also join the rally soon. Shah also recommends two stocks Adani Enterprise and Axis Bank.
Dredging Corporation of India Limited signed an agreement with IIT-Chennai and IMU to launch a joint MTech programme on Dredging Engineering. The agreement was signed between its MD and CEO S Divakar, and representatives of IIT-Chennai and IMU-Chennai in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal.