Though institutional sales remained net positive, the impact of FII sales was evident, with upswings steadfastly facing resistance throughout the week. All days this week, except for one day, saw lower lows asserting a bearish bias.
Indian IT stocks are seeing a rally but may offer modest returns. Banks, especially large private and PSU banks, are expected to perform well. NBFCs
Recent Q2 earnings reveal a troubling trend in India’s stock market. Smallcap companies are experiencing the highest number of earnings misses, leading to a substantial
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