Rupak De, Senior Technical analyst at LKP Securities expects bearish trend to continue in the markets going ahead till the time Nifty stays below 19,500, with initial support likely around 19,330. A fall below this level could take the Nifty towards 19,250-19,200, he opines.
Chakri Lokapriya bullish on Indian IT, Power & PSU bank stocks for 2025
I think so whether it is Havells or even companies like Finolex Cables they have all corrected quite a lot over the last one year.