Budget Day triggers significant market volatility, with the Nifty often fluctuating within a 2-3% range. Experts suggest focusing on key technical levels, proper risk management, and suitable strategies like Short Iron Fly and Short Iron Condor. Traders are advised to monitor sectors like railways, defense, and infrastructure for profitable opportunities, while employing confirmation-based trades.
What does CLSA’s downgrade mean for IndusInd Bank’s future?
The brokerage said it cut its FY25 Profit after Tax (PAT) estimates by 22% due to this ₹6.74 billion reversal. It also slashed the FY26
May 17, 2025