In a recent report, brokerage house Emkay believes that at 19.5x PER, the correction isn’t deep enough yet. At current levels, the brokerage is neutral on equities and would stay invested but not add to positions. If the Nifty does correct another 10 percent to below 20,000, it sees the […]
elections results
In today’s session, Indian markets experienced a dramatic reversal, undoing the gains seen on Monday, as indications from the Lok Sabha election results diverged from the optimistic forecasts of exit polls. This unexpected turn of events sent shockwaves through the investor community, leading to a panic-driven selloff that wiped out […]