Indian markets poised for consolidation on mixed global cues. Nifty futures closed marginally up at 23,008, India VIX down at 21.38. Options data indicates trading range between 22,500 to 23,500. Experts recommend buys on Canara Bank, DLF, Divi’s Labs, Voltas, Ashok Leyland, Axis Bank, and Biocon.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025