The Nifty’s near-term trend remains weak, with the lower tops and bottoms pattern intact. The current pullback aligns with a potential new lower top, pending confirmation. A decisive move above 23,300-23,350 could strengthen the upside, while 23,050 serves as key support. Nagaraj Shetti of HDFC Securities highlights these crucial levels for market direction.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.