Deepak Jasani, Head of Retail Research at HDFC Securities, believes the market will witness some profit booking post the Budget. However, Jasani added that after some correction, in case of no negative news, it will attempt to go higher again. Suggesting a market strategy with the Union Budget in mind, […]
Asset Allocation
The brokerage noted that even though the incumbent party failed to cross the majority mark on its own in its third term, it still retained its spot of being the largest party with the highest vote – subduing the fear regarding meaningful deviation from the stated policies. MOSL continues to […]
In a recent note, Axis Securities sees equities starting off on a positive note but anticipates a volatile path ahead, with macroeconomic factors continuing to dominate the stage. The brokerage firm underscores that while the initial momentum is promising, ongoing global uncertainties and domestic economic conditions could introduce fluctuations. To […]
Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]