The US markets have continued to stay weak; S&P 500 has violated important supports. However, they now stay oversold as well. The volatility came down a bit. India VIX declined 3.04%. The coming week is likely to see the levels of 17,165 and 17,300 acting as resistance. The levels of 17,000 and 16,800 will act as potential supports.
These 11 Nifty microcap stocks can rally 55-210% in the next 12 months
Several stocks from the Nifty Microcap 250 index are expected to deliver strong returns over the next year, according to analyst estimates compiled by Trendlyne.