Second-quarter earnings will be led by the banking and finance, consumer, and automobile sectors and dragged down by commodity sectors such as metals and oil and gas, said Gautam Duggad, institutional research head at Motilal Oswal Financial Services.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish