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2025-08-23 11:29:02| The Economic Times

Markets closed higher for the second week, boosted by GST reform optimism, though profit booking trimmed gains. FIIs continued selling, but DII support cushioned the impact. Analyst Sudeep Shah suggests Nifty faces resistance at 25050-25100 and support at 24650-24600, while Bank Nifty lags, with consumer durables and auto sectors showing strength.

Category: News and Media

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2025-08-23 09:52:42| The Economic Times

A GKB Ophthalmics virtual AGM turned explosive when a shareholder, owning just one share, fiercely criticized the management's performance and governance. Abhishek Kalra questioned Managing Director Krishna Gopal Gupta's credentials and demanded his resignation within ten days, citing poor returns. Gupta's exasperated response about Kalra's minimal stake further fueled the online frenzy, highlighting the company's recent stock decline.

Category: News and Media

2025-08-23 09:36:37| The Economic Times

Rupak De of LKP Securities maintains a bullish outlook on Nifty, anticipating a rise to 25,000-25,250 if it holds above 24,800. Despite Bank Nifty's weakness, he recommends buying UNO Minda and Lupin, citing positive technical indicators. Conversely, De suggests selling Axis Bank due to bearish signals and its position below the 21 EMA.

Category: News and Media

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