As many as seven companies from the Nifty50 pack could report a sharp growth in their bottomline for the quarter ended December 2023. ETMarkets shortlisted those companies that could see over 40% jumps in Q3 profits. Estimates are by Motilal Oswal:
Nifty rally not sustainable on few big names, broader participation essential: Rahul Ghose of Hedged.in
The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential