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Adani Power shares are declining after a recent surge. The stock had risen following a stock split and positive brokerage reports. Profit booking has led to a decrease in share value. Technical indicators suggest the stock is overbought. Analysts advise caution, suggesting buying on dips. Brokerages support long-term growth, but execution risks exist. Valuations are currently at a premium.
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News and Media
Maruti Suzuki shares hit a 52-week high on the BSE on Wednesday after Goldman Sachs upgraded the stock to Buy with a target of Rs 18,900. The upgrade highlights strong entry-level demand, new model launches, and strategic advantages in upcoming emission norms.
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News and Media
Bitcoin is range-bound at $112,218, while Ethereum trades around $4,140, awaiting cues on potential rate cuts. Optimism is fueled by new wallets accumulating 73,702 BTC, and social media buzz suggests fresh liquidity. Analysts indicate a macro bullish structure with room for upward momentum, but caution that Bitcoin needs to hold above $114,000 with genuine spot demand for a durable shift.
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News and Media
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