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Live: Will Nifty climb to another new high? Allied Blenders set for a listing pop? | Opening Bell

Indian equity market started the week on a positive note on July 1, with breadth favourable for bulls. The Nifty 50 rallied 131 points to end at a new all-time closing high of 24,142 after a day of small profit-taking. Experts expect the index to hit 24,200, followed by 24,500 in the coming sessions, provided it holds 24,000 as immediate support and 23,800 as crucial support. The Gift Nifty is hinting at a strong start yet again today. Lots of stocks in focus – ONGC, Oil India after govt hikes windfall tax on crude, Hero Moto, Tata Motors and TVS Motor report June auto sales figures. Adani group stocks in focus as SEBI issues 46-page showcause notice to Hindenberg over its report on the conglomerate. Catch Nandita Khemka in conversation with Osho Krishan, Sr Analyst - Technical & Derivative Research, Angel One and Amit Jain, Co Founder, Ashika Global Family Office Services.

first published: Jul 2, 2024 09:05 am