Indian markets staged a strong comeback on Friday with NSE Nifty rising 2.4% (557 points). This recovery marks one of the strongest single-day recovery for Indian markets in the recent times.
Three brokerage houses have offered ratings for Apollo Tyres. The stock has witnessed a strong rally from yearly low of Rs 183 to 52-week high touched recently at Rs 427.
Technical analyst Vishal Malkan has suggested two BUY Calls for short term traders. Indian markets were trading slightly weak on Thursday and we can expect the day to close lower.