What Happened
Nifty hovered near 24,175, needing to clear 24,200 to regain strength. Analysts suggest bullish option spreads for rebounds and caution against a 23,900 break. HEG and Laurus Labs are recommended buys with specific targets and risk control. Glenmark Pharmaceuticals and Shipping Corporation of India also present upside potential. Newgen Software and Elgi Equipments show positive chart setups for investors.