Historically, the benchmark index made a trough whenever the long-short ratio dropped to 0.2-0.3. In the past five years, there were only 19 such instances out of total trading days of 1417.
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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