Going ahead, the brokerage sees limited short-term upside for the Nifty due to high valuations and a lack of positive catalysts. Despite this, the pause is viewed as a temporary phase in a long-term bull market, with a low likelihood of a significant correction. SAMCO maintains a positive outlook on […]
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Following four years of normal rainfall, last year’s monsoon was below average, with the country receiving 94.4% of the Long Period Average (LPA), which is below the lower range of normal monsoon. Additionally, the southwest monsoon showed significant irregularities, including delay in onset. According to the IMD, out of the […]