Though correction in some of the mid cap and small cap names have been baffling, the overall correction is a respite for the value investors. Markets world over do have tendency to overshoot. Mean reversion happens sooner or later.
Nifty ended Tuesday’s session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversal. A move above
New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have seen their
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