An analyst from Anand Rathi said that Berger Paints has shown signs of stabilizing and potentially reversing its downtrend, as indicated by technical patterns like the Bullish Bat and bullish divergence.
Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.
Indian shares were
expected to see a muted start on Wednesday after posting their
worst day in over four years in the previous session, as a
narrow win for Prime Minister Narendra Modi s alliance. -June 04, 2024 at 10:06 pm EDT
- MarketScreener