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 […]
general election 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 […]
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,570 level, a premium of nearly 160 points from the Nifty futures’ previous close. The counting of votes for the Lok Sabha Elections 2024 will begin soon with Prime […]