The Sensex dropped by nearly 425 points due to significant selling in various sectors including auto, pharma, and banking shares. NHPC, ITI, and JSW Energy showed varied performances with potential trading opportunities. Investors are advised to wait for key resistance breakouts and monitor price actions closely for favorable setups.
Select SFBs and MFI players positioned for earnings upside: Rajiv Mehta
Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation,