Dalal Street Week Ahead: Avoid aggressive long positions; focus on capital preservation

Indian markets experienced a significant downturn this week, with the Nifty losing over 1.28% and breaching key support levels. Volatility surged as the India VIX climbed, indicating heightened investor caution. While Indian equities showed resilience against global peers, the near-term trend appears weak, suggesting a cautious approach and focus on capital preservation for the upcoming trading sessions.

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LIC Housing Fin Q2 net profit grows 12% YoY

LIC Housing Finance experienced a 12% year-on-year increase in consolidated net profit, reaching ₹1,507 crore. Total income for the quarter rose by 1.5% compared to

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