The smallcap rally cooled sharply last week, with only 38 stocks delivering double-digit gains, down from over 100 earlier. Profit booking and cautious sentiment dominated. Analysts expect stock-specific action ahead amid earnings season. Technical indicators suggest caution, while long-term investors are advised to accumulate on dips.
Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case.