Budget 2024: Pre-budget avoid aggressive directional strategies, says Chavan of Angel One
Since it's an interim budget, major reforms are not expected. Global developments may provide directional triggers.
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Since it's an interim budget, major reforms are not expected. Global developments may provide directional triggers.
Experts anticipate that this decline will only intensify from here on and suggest investors to exercise caution in this holiday-shortened week
Analysts expect further weakness in benchmark indices in the near-term, while Bank Nifty index is expected to remain rangebound
Post today's gains analysts predict that TCS may head to all-time high levels of around Rs 4000. Infosys on other hand may challenge resistance of Rs 1660.
Analysts anticipate December quarter earning and the US inflation data for December, to be released later in the day, to offer direction to the market