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You have made two tops so far close to around 25,200. So, getting past 25,200 would set the stage for moving towards 25,673, which is again a 61% retracement of the entire fall that we saw in late September to early October, so that is the setup right now.
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Shares of RailTel Corporation of India surged nearly 10% on Tuesday to a high of Rs 449 on the BSE after the company received a work order from MHADA for projects totaling Rs 79.84 crore. The contract involves selecting a service provider for Cloud Hosting and Managed Services to set up, migrate, and manage the Data Centre and Disaster Recovery site for MHADA on the Cloud.
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Shares of Shipping Corporation of India and Great Eastern Shipping Company rose on the BSE amid reports that the Centre may approve the Coastal Shipping Bill 2024. The Bill aims to ease shipping sector rules, promote more ship lines into Indian ports, and enhance coordination between inland waterways and coastal shipping.
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