Fall 2024 May Not Be A Repeat Of 2018
'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
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'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
Within largecaps, top gainers include Bharat Heavy Electricals (206%), REC (270%), Power Finance Corporation (191%), Trent (194%), Zomato (217%) and Adani Green Energy (199%).
Ahead of the February series expiry, Nifty on Wednesday ended 247 points lower below the 22,000 level and around its 20-DEMA. Observing the daily chart, the index has been navigating within a rising channel.
When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
IPCA Laboratories Q3 earnings: Revenue came in at Rs 2,052.86 crore, up 32 percent from year-ago quarter