India's Q2 GDP growth of 8.2% initially propelled Nifty and Sensex to record highs, but selling pressure in pharma and financial stocks led to a decline. Technical analysts suggest a close above 26,300 is crucial for renewed bullish momentum. Several stocks like ITC, Voltas, and Bajaj Housing Finance are in focus due to specific news developments.
Synopsis
India's Q2 GDP growth of 8.2% initially propelled Nifty and Sensex to record highs, but selling pressure in pharma and financial stocks led to a decline. Technical analysts suggest a close above 26,300 is crucial for renewed bullish momentum. Several stocks like ITC, Voltas, and Bajaj Housing Finance are in focus due to specific news developments.
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