Branch² Intelligence
Analysts back buy-on-dips strategy as Nifty eyes 24,300–24,600
Key takeaway
Analysts recommend buy-on-dips for Nifty with target 24,300-24,600 and support above 23,800.
- Step 1analysts recommend buy-on-dips for Nifty with target 24,300-24,600, boosting equity market sentiment
- Step 2improved risk appetite lowers cost of equity for Indian companies, making capital cheaper for capital-intensive sectors
- Step 3Indian SMEs in construction and capital goods supply chains benefit from better access to project financing and working capital, supporting order book growth
Source: IN:Economic Times
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