ReferIndia News Nifty has a positive undertone, but Street waits for a decisive breakout

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Nifty has a positive undertone, but Street waits for a decisive breakout

Published on: June 1, 2026, 5:48 a.m. | Source: The Economic Times

Nifty is trading in a consolidation zone between 23,200 and 24,050. Analysts suggest buying on dips with a target of 23,900. Key sectors like banking and auto are showing strength. Specific stock recommendations include Tata Power, Sona BLW, L&T, Indian Energy Exchange, Nuvama Wealth Management, and Syrma SGS Technology for potential gains.

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