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Post acquisition ATPOLE will become subsidiary company of the company.

Benchmark indices opened marginally lower on January 1 with Nifty around 21,700. BPCL, Coal India, Dr Reddy#39;s Labs, Grasim Industries and Divis Labs were among major gainers on the Nifty.

Irrespective of benchmark index’s move, the IT space is likely to outperform in the near term. It has already completed its 20-month price wise as well as time wise correction phase, Sameet Chavan says.

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 1, 2024.

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 1, 2024.

Affle India has also seen a breakout of falling resistance trendline and formed long bullish candlestick pattern on the daily timeframe, with robust volumes.

Irrespective of benchmark index’s move, the IT space is likely to outperform in the near term. It has already completed its 20-month price wise as well as time wise correction phase, Sameet Chavan says.

Irrespective of benchmark index’s move, the IT space is likely to outperform in the near term. It has already completed its 20-month price wise as well as time wise correction phase, Sameet Chavan says.

Experts expect the Nifty 50 to focus on 21,800-22,000 levels in coming weeks after ongoing consolidation, while taking support at 21,700-21,500 levels and advising buy on dips strategy

Traders are advised to maintain a cautious approach with regards to long positions.