Dr Praveen Dwarakanath, VP at Hedged.in, noted that Nifty showed strength, rebounding from the middle of the Bollinger band after an intraday dip. The momentum indicators on the hourly chart signalled recovery, supporting a bullish close. Options data suggests a range-bound movement, with put writing at 23,300 and below, and call writing at 23,500 and above.
Mid and smallcap earnings to outshine Nifty 50 despite valuation concerns: Manish Sonthalia
Manish Sonthalia of Emkay Investment Managers suggests buying on dips in the current market, supported by earnings, macros, and global flows. He favors public sector
July 14, 2025