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Sensex, Nifty, Share Price LIVE: The stock of Balkrishna Industries has been rallying over the past week. It rebounded from the support at ₹2,275. Early this week, the scrip surpassed the hurdle at ₹2,450 and made a higher high. The prevailing price action gives the stock a bullish outlook. In the near term, the price is likely to hit ₹2,780. Note that when the stock reaches ₹2,600, there might be some consolidation or a minor correction. But eventually it will rally past this level to touch ₹2,780.
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Stock market recommendations: Bajaj Broking Research suggests a positive outlook for the Indian stock market, highlighting potential gains in Nifty and Bank Nifty. They recommend buying Bharat Electronics, anticipating a rise to Rs 467 ...more
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