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“The next couple of months may remain unpredictable, but for long-term investors, this is an opportunity to accumulate fundamentally strong companies. Investors who enter during this period could see substantial returns in the next two to three years.”, says Mohit Khanna, Fund Manager at Purnartha Investment Advisers. We’ve seen significant volatility in the past few…
“Overall Nifty earnings should stabilise going forward. So, we are of the opinion that Nifty 50 index if I look at the valuation is currently near to 10-year average level and hence I feel that we might see more consolidation at this level, but major downside is now over,” says Jitendra Gohil, Kotak Alternate Asset…
The Nifty index opened flat, and witnessed selling pressure in the first half, but saw a sharp recovery in the second half, ultimately settling marginally lower at 22,945. The volatility index, India VIX, cooled off from 16.32 levels, declining 0.36% to 15.67. Technically, on a daily scale, Nifty has formed a Hammer candlestick pattern near…
Indian markets broke their 8-session falling streak after recovering from day’s low, thanks to the heavy lifting done by HDFC Bank while getting support from Reliance Industries (RIL) and Bajaj Finance. While the 30-stock S&P BSE Sensex finished at 75,996.86, gaining by 57.65 points or 0.08%, the broader Nifty rose by 30.25 points or 0.13%…
“A few factors which also may be going for us. One is that locally liquidity is coming back into the system. We had very tight liquidity and because of that credit growth also was down,” says Mihir Vora, CIO, Trust Mutual Fund. We were just making the observation that this is the first time perhaps…
Foreign Portfolio Investors (FPIs) are net sellers of Indian equities and have sold shares worth Rs 21,272 crore so far in February. So far in 2025, they have offloaded shares worth Rs 99,299 crore. On Friday, the FIIs off-loaded domestic stocks worth Rs 4,294.69 crore triggering a fall in the markets. The frontline index Nifty…
“So, the moment you remove BFSI, which is the lending piece and the commodities which is again one more raw material input for the basic economic activity, the rest piece is good,” says Krishna Sanghavi, Mahindra Manulife MF.Give us your sense on what the quarter three earnings have been like to you overall even from…
A reasonable negative candle was formed on Nifty’s daily chart on Monday with a minor upper shadow. Technically, this pattern indicates an attempt at a downside breakout of immediate supports of around 23,000 levels, which may not be a good sign and indicates more weakness in the near term. The negative chart pattern like lower…
“Fundamentally, the result delivery, especially from Nifty companies has been pretty decent, like most of the heavyweights have reported either good or in line numbers, disappointments are few and far between,” says Sandip Sabharwal, asksandipsabharwal.com.It is going to be quite the lifetime experience, I guess, this week also for markets. A) the market positioning, the…
Indian equity markets ended Wednesday’s session on a positive note, with the Nifty closing above the 23,100 mark despite volatile trading. The Nifty Index rebounded strongly in the latter half, recovering from an intraday dip of 162.95 points, and formed a hammer candlestick pattern on the daily chart. This pattern signals robust buying interest at…
