On the upside, some resistance can be seen at 16,800 levels while the near-term support is placed at 16,500, and then towards 16,400 levels, suggest experts. “Traders should look for stock-specific opportunities for the next couple of sessions and be vigilant on the market movement post the event,” Ruchit Jain, Lead Research, 5paisa.com, said.
Select SFBs and MFI players positioned for earnings upside: Rajiv Mehta
Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation,