NIFTY INDICATES A RAPID RECOVERY: KEY STOCKS TO WATCH ON MONDAY

Mumbai, Nov 25 - On the eve of the week ahead, Nifty's positive opening has hinted that Indian equity indices BSE Sensex and NSE Nifty 50 may stage a strong comeback.

In Friday's trading session, the key indices ended significantly higher as Adani Group and Tech Mahindra posted impressive returns. On Monday, investors are set to focus on several prominent stocks in light of their recent developments.

Investors are closely watching Adani Group, which is under the heat for being a victim of U.S. bribery allegations, after receiving a US summons recently.  However, Gautam Adani denied that Kenya had cancelled over $2.5 billion worth deals over US indictment on bribery charges. Additionally, Patanjali Ayurved saw improved revenue in the FY24 with its total income rising to Rs 9,335.32 crore.

Meanwhile Tech Mahindra is working closely on global capability centers focusing on providing specialized services as well as developing human resources according to a statement released by company recently .  Zomato recently obtained board's approval for raising of 8,500 crore through QIP.

Punit Goenka’s withdrawal from reappointment as MD has also left investors on the edge in ZEE Entertainment. Hero MotoCorp is reported working alongside Zero Motorcycles and Eminent electricity distribution received LOI's under CESC’s brand name to start providing utilities after long-standing tensions brought down over years due to several legal hurdles .