The short-term trend of the Nifty remains negative. A decisive close above 19,500 levels could possibly open an upside bounce towards 19,650 levels in the near term. Inability to sustain the upside bounce or a decline below 19,330 is likely to trigger fresh weakness for the market ahead, said Nagaraj Shetti of HDFC Securities.
India’s macro setup stable, but markets await earnings firepower: Hemang Jani
Hemang Jani suggests favoring Swiggy, Eternal, or Policybazaar over Nykaa among new-age companies, citing Nykaa’s lackluster performance. He anticipates stable market conditions with a focus