The key resistance and support levels of Nifty 50 to watch are 25,200 and 25,000, respectively, according to Aditya Gaggar, director, Progressive Shares.
Rekha Jhunjhunwalas March 2025 quarter stock additions outperformed the Sensex, with Nazara Technologies and Canara Bank delivering over 30% returns. Her portfolio reflects a diverse exposure across sectors, with 26 publicly held stocks worth over ₹41,570 crore.
Sachin Tendulkar-backed Smaaash Entertainment has been undergoing insolvency proceedings under the Insolvency and Bankruptcy Code. It was admitted to insolvency proceedings in May 2022 and owes around Rs 452 crore to a group of lenders led by Edelweiss ARC. Other creditors include Yes Bank, Sidbi and Mabella Investment Advisors.
Ace investor Madhusudan Kela added smallcap stocks Windsor Machines, SG Finserve, and Prataap Snacks to his portfolio in Q4FY25, while increasing his stake in pharma firm Kopran. His portfolio now includes 17 stocks valued at over Rs 3,500 crore.
Nazara Technologies is targeting global gaming studios with established intellectual properties, strong teams, annual revenue of around Rs 100 crore and an earnings margin before interest, taxes, depreciation and amortisation (Ebitda margin) of at least 20% for acquisition.