By definition, every downturn starts from a peak in the business cycle when activity is strong. The rapid shift from strong and rising economic activity into a contraction is what makes turning points hard to predict.
Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to
Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the
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