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Sensex jumped 2,946 points, or 3.95%, to settle at 77,562.90, while the Nifty 50 advanced 874 points,.
Sensex and Nifty 50 surged nearly 4% after a US-Iran ceasefire announcement.
KEY POINTS
- Nifty 50 formed a bullish Marubozu-like candlestick, indicating strong buying conviction and minimal selling pressure.
- Significant call and put writing at 24,000 and 23,800 levels signals near-term support for Nifty 50.
- Bank Nifty gained 5.67%, with a strong bullish candle and immediate resistance at 56,000–56,200.
- Sumeet Bagadia recommends buying CG Power, Kirloskar Oil Engines, BHEL, Dalmia Bharat, and ABB India.
COMPANIES
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