The market’s high valuations necessitate positive earnings surprises for comfort, with bond yields and investor sentiment influencing market trends significantly.
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization
According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance
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