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Nifty shows recovery, trading flat at 24,840, with analyst CA Rudramurthy BV noting a positive reversal pattern and key support at 24,580. He recommends buying on dips, citing domestic policy pushes and strong earnings potential. Metals, e-commerce, and PSU banks are favored sectors, with stock picks including Nykaa, Paytm, Eternal, and IndiGo.
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Shares of Atlantaa Ltd soared 20% to hit the upper circuit at Rs 55.65 on the NSE on Wednesday, October 3, after the small-cap company clinched a massive Rs 2,485 crore order from IRCON over five times its market capitalization of just Rs 450 crore. The stock has hit an upper circuit for a second session in a row.
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Tushar Bohra predicts a market turnaround fueled by accelerating earnings momentum, expecting double-digit Nifty CAGR within two years despite initial volatility. He advocates for domestic cyclicals, consumption, banks, NBFCs, and the power/utility sectors, emphasizing a stock-specific approach for metals. This outlook highlights strategic investment opportunities.
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