Digitally Empowered Rakesh Khanna CEO MD Orient Electric businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
As long as Nifty is trading above 17,900 the uptrend formation is likely to continue and could move up till 18,150-18,250, says Amol Athawale, Technical Analyst (DVP), Kotak Securities.
Flipkart has announced the launch of its flagship event, 'Super Cooling Days', between 21st April - 26th April, 2023. Super Cooling Days is a customized offering to help customers choose cooling appliances from an expansive range of sellers and brands. Customers will be able to choose from a wide array of options such as energy-efficient ACs, air coolers, smart fans equipped with BLDC motors (brushless direct current motor) and refrigerators which have been gaining traction over the years as customers look to save on electricity bills. During the 'Super Cooling Days' various attractive deals will be offered on cooling appliances by the sellers, and customers will also be able to avail of exchange bonuses, free uninstallations as well as bank and prepaid offers on air conditioners, refrigerators, air coolers and fans.
The Nifty50 index is now sustaining above its 20, 50 and 200-day SMA (simple moving average) which supports the bullish sentiments for the upcoming weeks.