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Stock Of The Day: Top Nifty Stock Faces 'Sell' Calls Post 170% Rally
After the fantastic run-up in the stock price, it may be time to book profits in this Nifty stock, Kotak Securities said.
16 Jan 2025, 11:11 AM IST 
Kotak Securities downgraded Trent to 'sell' from 'add' and slashed the target price to Rs 5,858 per share from Rs 6,800 apiece earlier.
(Representative image. Source: Freepik)
Shares of Trent Ltd. — top Nifty stock in 2024 — are now under bearish pressure as 'sell' calls loom following a 170% run-up last year. This was sparked by Kotak Securities, which downgraded the stock on Thursday.The stock has already fallen over 13% in 2025, while its trades under the bearish territory after falling over 25% since its peak in October last year. The Tata Group company's scrip will get support near the Rs 6,250 level,...
