“If today’s uninspiring session is any indication, then Nifty will waver and trade choppy in tomorrow’s session, with the biggest hurdle now seen at the psychological level of 21,000, while the biggest support is placed at the 19,521 mark,” says Prashanth Tapse, senior VP – research, Mehta Equities.
ETMarkets Smart Talk: Mid & Small Caps plunge 25%: A buying opportunity or more pain ahead?
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of