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Emkay's Seshadri Sen expects Nifty returns to be muted at around 10 percent in 2024, though the broader trend should remain the same as in the previous year
Pre-budget sentiment might lead to more volatility this week, as there are just three trading sessions and all eyes are on Bank Nifty, which is in oversold territory.
If the Nifty 50 breaks the low of this month around 21,300, the crucial support, then further correction towards 21,000 mark can't be ruled out, while 21,850 will be crucial for further upside in the 'sell on rally' market, experts said
Jigar Patel continues to advise traders to be light from now on and stay stock specific.
Santosh Kumar Singh of Motilal Oswal AMC is not expecting any major announcement as the interim budgets are generally vote on accounts. However, he would like to see the intentions in the budget.