A Follow-Through Day—a gain of 1.5% or more on higher volume than the previous session—would then confirm a Confirmed Uptrend. Our studies show that P/E ratios alone are not decisive in stock selection. Many top-performing stocks had above-average P/E ratios before achieving substantial growth.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction