June 13, 2025 , 8:08 am IST
Stock Market Live Updates: Dhupesh Dhemeja of Samco Securities on the market
Dhupesh Dhemeja of Samco Securities says that a strong closing market above 25,220 may trigger renewed boom in the market. In such a situation, the Nifty may appear to grow towards 25,350-25,400. At the same time, there is a possibility of a big fall in the market only after going below 24,800. In such a situation, until the Nifty goes below 24,800, it would be advisable to find opportunities for shopping on every decline.
Dhupesh Dhemeja further stated that a breakout above 57,120 for bank Nifty could be positive and lead the index to 57,500-57,700. On the other hand, weakness may increase if bank Nifty goes below 55,900 points. Till then shopping strategy should be adopted in every correction.