The short-term trend of Nifty continues to be range- bound. There is a possibility of some more consolidation or minor weakness in the short term before showing upside bounce from the lows.
Investors must moderate return expectations, stick to asset allocation: Nilesh Shah
Nilesh Shah of Kotak AMC remains optimistic about consumer discretionary spending, citing tax rebates, reduced EMI burdens, and the upcoming 8th Pay Commission. He favors