Nifty maintains positive momentum, poised for potential breakout towards 24,000 with immediate support at 23,550, says HDFC Securities analyst. According to experts, Nifty moved above 23,700 to make a new all-time high of 23,754, showing resilience amid global sluggishness.
The Market Cap to Sales ratio helps investors assess if a company is undervalued or overvalued based on its revenue.
Foreign investors have infused Rs 17,425 crore in the country’s equity markets last week, supported by a combination of favourable global cues and strong domestic
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