Indian equity markets concluded last week with a third consecutive gain, driven by improving sentiment and sustained buying. Market expert Rajesh Palviya noted a strong bullish Marubozu candle on the weekly chart, indicating robust buying action. He advised a ‘buy on decline’ strategy as Nifty holds above 24,100, with potential rallies towards 24,600–24,700 if it breaks 24,400.
Stock selection key as mid & smallcaps offer alpha opportunities: Pankaj Murarka
Indian stock markets are set for new peaks by the end of this year. Experts see a broad economic recovery, with financials leading the charge.