Domestic equities ended the FY24 on a bullish tone with Nifty up 28.6 per cent while the broader market gained 60 per cent-70 per cent, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.Nifty strengthened .
the Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high can t be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week
Based on the OI percentage, a total of 86 stocks were on the short-covering list. These included M&M Financial Services, IDFC First Bank, Laurus Labs, UPL, and Indraprastha Gas.