Foreign investors are reducing their negative bets on the market after the Budget. However, the market’s overall sentiment remains delicate. Technical indicators suggest IT stocks may enter a period of consolidation or decline. Analysts are closely watching for sustained reductions in short positions to confirm a positive trend. The market is navigating a news-heavy week with cautious optimism.
Nestle among Nuvama’s top consumer picks after Q4 earnings
Nestle is among Nuvama’s top consumer picks following strong Q4 earnings, driven by resilient rural and urban demand. Despite challenges like unseasonal weather impacting seasonal