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Nifty PSE index notches new high; add these 5 stocks for up to 20% gains

Life Insurance Corporation of India and Bharat Electronics may see up to 10 per cent rally in coming sessions.

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Nifty PSE index sets a new historic peak

Avdhut Bagkar Mumbai

3 min read Last Updated : Jun 21 2023 | 12:01 PM IST

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Nifty PSE index set a new historic peak on Wednesday, with selective stocks displaying robust chart structures. Shares of REC, Power Finance Corporation and Power Grid Corporation of India hit new all-time high, implying more potential for coming sessions.

Power Grid Corporation of India surged over 2 per cent, while REC and Power Finance Corporation gained close to 2 per cent each.

Here’s the technical outlook for selective bullish stocks in Nifty PSE index:-

REC Ltd (RECLTD)

Likely target: Rs 200

Upside potential: 20%

Shares of REC reached a new historic peak on Wednesday, with a trend possessing resilient sentiment. The price action

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