“Nifty formed a Bearish candle on the daily scale and has been making lower highs – lower lows from the last five trading sessions. Now, till it remains below 17,166 zones, weakness may be seen towards 16,800 and 16,666 zones whereas hurdles are placed at 17,166 and 17,250 zones,” said Chandan Taparia of Motilal Oswal Financial Services.
Think Beyond PE: Hiren Ved advocates PEG Ratio for smarter valuation assessment
Hiren Ved of Alchemy Capital suggests focusing on capital market plays due to their structural growth, outperforming large private banks recently. While valuations seem high,
June 19, 2025