Despite a small candle with an upper shadow appearing on Tuesday’s market chart, Nagaraj Shetti of HDFC Securities observed a lack of strong selling activity to confirm this bearish indication. Essentially, the market showed a potential signal for downward movement, but traders didn’t act on it aggressively, suggesting some uncertainty in the market.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
May 16, 2025