Technical analysts do not see a rebound in the markets in the near-term. “Nifty is currently around its crucial support of 23,800 and we see a ‘sell on rise’ market, where it could sustain around 23,400 levels for the next week to next month. As long as it remains below 24,500 our view remains negative,” said Kapil Shah, technical analyst at Emkay Global
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
November 14, 2024