On a week-on-week basis, the 50-stock index has gained 3.5% and has formed a long bullish candle, while holding higher bottom formation on daily and intraday charts, which is largely positive, says Amol Athawale, Vice President – Technical Research, Kotak Securities.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India’s performance, two sectors have disappointed slightly. First