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Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K...
For the day traders now, 65,300pts would act as a trend decider level, above which, it could rally till 65,600 level
Buying in Infosys, ITC and Bajaj Finance propelled key indices to snap 2-day losing streak
The key indices may sail into choppy and volatile trade, where action continues to remain in the mid-cap and small-cap space
A big bulwark keeping the economy afloat has been strong spending by US consumers; However, August’s doldrums continue for stocks
Key indices fall post RBI monetary policy decision; Surprise hike in incremental cash reserve ratio to remove excess liquidity from the system...
The index closed below the last week’s low, which is first lower-low close since March bottom
Sensex, Nifty fall for 3rd day on weak global trends, foreign fund outflows; Losses in ICICI Bank and HDFC Bank also added to ongoing weak trend