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Israeli airstrikes hit Tehran, causing casualties and prompting residents to flee. A human rights group reports hundreds dead in Iran. Tensions escalate as Iran and the US trade threats. Donald Trump demands Iran's surrender. Iran vows retaliation for the attacks. Missiles were fired by both sides. The US Embassy in Jerusalem remains closed.
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IndusInd Bank shares rose up to 3.9% after Nomura upgraded the stock to buy and raised its price target by 50% to Rs 1,050, citing improved governance, a cleaned-up balance sheet, and a stronger earnings outlook. The new target implies a 30% upside. Nomura also noted the banks efforts to resolve legacy issues and improve transparency.
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Indian market is expected to consolidate, mirroring mixed global signals, after Nifty50 closed lower. Technical analysis suggests a sideways trend with key resistance at 25,000-25,170 and support at 24,700. Experts recommend buying Chambal Fertilisers, Asahi India, Indus Towers, PB Fintech, Tata Elxsi, and Supreme Industries for short-term gains.
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