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Nifty ended the week with gains as it bounced back from the key support levels of around 24,400, but it could struggle to cross the threshold of 25,000. Analysts caution that volatility may persist as the index consolidates below 25,000 level, making stock-specific strategies more effective than index-based bets.AJIT MISHRA SVP-RESEARCH, RELIGARE BROKINGWhere is Nifty headed? Nifty has rebounded from a low of 24,400— slightly above the previous swing low of 24,337. It continues to consolidate within a triangle pattern marked by lower highs at 25,153 (Aug 21) and 24,980 (Sept 4). A decisive breakout above 25,000 could trigger fresh momentum, taking the index toward 25,250 and then 25,400. On the downside, 24,280–24,400 zone offers immediate support, with stronger support at 24,150. Trading strategies for the week: Traders should avoid aggressive leverage and adopt staggered allocations rather than chasing momentum. Tight risk management around key support levels is essential, particularly with banks and IT, still underperforming. Based on the current technical setup, the following stocks can be considered for short-term trading opportunities: Bullish: Coal India, Dixon, Havells, Hindalco, National Aluminium Co, NMDC, and Tata Steel Bearish: Bandhan Bank, Divis Laboratories, Godrej Properties, HCL Technologies, Indian Energy Exchange, Infosys, Persistent Systems 123755019NILESH JAIN HEAD – EQUITY TECHNICAL & DERIVATIVE RESEARCH, CENTRUM BROKINGWhere is Nifty headed? Nifty staged a smart recovery, closing above the 21-DMA at 24,700, but faced resistance near the 50-DMA (24,980), which also aligns with the upper trendline of a symmetrical triangle. A decisive breakout above 25,000 is key for the next leg higher towards 25,300–25,500. On the downside, immediate support is at 24,520, with a broader range support at 24,400. In the short term, the index is likely to consolidate within the 24,400– 25,000 zone, awaiting a clear breakout. Trading strategies for the week: The Metal index has shown a strong breakout, with potential upside in stocks like National Aluminium, JSPL, Tata Steel, and Vedanta Ltd. Consumption stocks are becoming attractive again after recent profit booking. In the telecom space, Bharti Airtel looks promising for positional buying. Meanwhile, IT and financial stocks are facing consistent selling pressure and are best avoided for now. CHANDAN TAPARIA HEAD – TECHNICAL RESEARCH & DERIVATIVES, MOTILAL OSWAL FIN SERVICESWhere is Nifty headed? Nifty formed a bullish candle on the weekly chart along with an inside bar formation; however, it settled below the 50- DEMA on the daily chart and also formed a bearish candle on daily chart, as sustained supply pressure is seen at higher levels. Going forward, as long as the index holds above 24,442, the broader trend is likely to remain range-bound, while key resistances are seen at 25,000 and 25,150 zones. If Nifty manages to hold beyond the 25,000– 25,150 zones, this could open the door for an extended rally towards 25,500. India VIX slipped nearly 8%. Despite this, FIIs remain cautious, with their Nifty index long-short ratio in deeply oversold territory, below double-digit percentages. Trading strategies for the week: NMDC has retested its breakout from a “Descending Triangle” pattern with a strong-bodied bullish candle on daily chart. The MACD indicator has given a positive crossover to confirm the upwards momentum. Astral has given a range breakout with higher-than-average traded volumes and surpassed above its 100-DEMA, suggesting a trend reversal, while RBL Bank has broken out from a bullish “Pole & Flag” pattern suggesting a continuation of the uptrend. Traders can also go with a Nifty Bull Call Spread for weekly expiry by buying 1 lot of 24,800 Calls and sell 1 lot of 25,000 Calls to bet on a positive move towards the 25,000 zone.

Mumbai: South Korea's LG Electronics is preparing to launch the initial public offering (IPO) of its Indian arm in October, said banking sources in the know. The consumer electronics major plans to sell shares worth ₹15,000 crore through the issue, making it the largest IPO of 2025 so far.LG wants to roll out the share sale in the first half of October, said one of the bankers cited above on condition of anonymity. "The company was waiting for market conditions to stabilise before launching the issue, and it now sees October as the right window," said the person.LG Electronics has already received Sebi's approval for the public issue, which was filed in December 2024 and cleared in March this year.The South Korean giant will sell 15%. or 10.2 crore shares, in the local arm in the IPO. It will be the second-largest offering by a Korean company in India, after Hyundai's mega IPO in October last year.Morgan Stanley India, JP Morgan India, Axis Capital, BofA Securities India, and Citigroup Global Markets India are the book-running lead managers for the IPO. Emails sent to the company and the bankers remained unanswered.123755004LG Electronics' issue aims to ride the bullish momentum in the domestic primary market. So far in 2025, nearly 30 IPOs have collectively mobilised over ₹60,000 crore, led by HDB Financial Services' ₹12,500-crore issue, the largest so far in 2025. Another ₹70,000 crore worth of offerings are lined up for the coming months. The pipeline features heavyweights like Tata Capital (₹17,200 crore), along with Groww, Meesho, PhonePe, Boat, WeWork India, Lenskart, Shadowfax, and Physics Wallah.LG Electronics had initially targeted an April-May launch for its India IPO, but postponed the plan as market volatility and global headwinds, including trade disputes, shifting US tariffs and geopolitical tensions dented valuations bringing expectations down from $15 billion to about $10.5-11.5 billion.

New Delhi: India is readying a big-ticket infrastructure push, focusing on large projects with long gestation periods. Officials said mega projects like bullet train corridors, large shipbuilding yards, multiple ports and cess control highways, in line with the infrastructure vision for Viksit Bharat 2047, will be given on fast track. After the big-ticket goods and services tax reform, the Centre is keen to give impetus to infrastructure creation to further support growth. The Indian economy grew 7.8% in the first quarter and the government wants to ensure that growth remains on track amid geopolitical risks and US tariff pressures.Ministries and departments have been directed to bundle projects and move them for requisite approvals expeditiously, said an official. “Projects of national importance that hold potential to transform lives across multiple states, such as an access-controlled interstate highway, will be prioritised,” a second official said, adding that public-private partnerships (PPP) will be encouraged for projects where a high return on investment is anticipated to help moderate government spending. Budget 2025-26 earmarked Rs 11.21 lakh crore for infrastructure spend. According to the World Bank, India will need more private and public investment, increasing the real investment rate from around 33.5% of GDP to 40% by 2035, as a fundamental to long-term growth. Ministries have also been asked to identify large projects in line with the 2047 goal. “There is a renewed emphasis on large infrastructure projects that India needs in line with 2047 goals,” a senior government official told ET. 123752068 A high-level committee with Indian National Space Promotion and Authorisation Centre (IN-SPACe) chairman Pawan Goenka and top Niti Aayog representatives has been tasked with reevaluating goals identified by each ministry and finalising targets.“Approvals for large infrastructure identified under the 2047 plan are being categorised for speedier clearances,” the official added. The Centre started preparing Vision 2047 plans in 2023 and firmed them up the following year. A final touch-up for these plans is currently underway. As part of its Viksit Bharat plan, the ministry of road transport and highways aims to construct 50,000 km of access-controlled highways over the next 10-12 years at an investment of over `20 lakh crore, a significant part of which is expected to come from the private sector. Both shipping and railways ministries are focussing on capacity augmentation and creation of worldclass infrastructure to cater to the needs of India by 2047, including bullet trains and mega shipbuilding clusters.