India VIX spiked 7% last week and hovered near 19-20 zones, which is not giving much comfort to the bulls and it needs to hold below 18 zones for a smother market rally. Investors can continue with their existing long positions. Stock-specific action will continue.
LIC cuts stakes in 16 PSUs, profit booking seen. Portfolio value surges to Rs 14 lakh crore in 2024, up by Rs 1.6 lakh crore.
Vedanta’s Q4 results expected to show decreased net profit and revenue. Production increases noted. Key factors include EBITDA performance, commodity prices impact, and updates on
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