Companies are managing balance sheets more efficiently today and that was what reflected in the recent quarter earnings when the numbers largely beat analyst projections, he said while expecting the trend to continue for at least a handful Nifty50 companies going ahead.
Tech view: Nifty breaches 25,200 crucial resistance, forms long bull candle. How to trade on Friday
The Nifty formed a bullish engulfing candle as the bulls took charge towards the end of the day and lifted the indices to a new