The index formed a bullish candle on the daily scale. On the weekly scale, it formed a solid bullish candle, with a long lower wick, suggesting buying at low.
As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks.
A number of widely tracked companies have declared dividends with their March quarter results
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