Analysts at Elara Capital analysed market breadth cycles in India stock markets in the last few years and highlighted the worrying points that are developing for the first time in five years.
Short-term share market forecast: Among sectors, the Nifty PSU Bank, Metal and IT indices could fall up to 7 per cent from present levels; Bullish pivot for Nifty stands at 25,030.
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
As the country celebrates its Platinum Independence anniversary, here's a throwback on the many events that that recalls the key moments that shaped Indian markets and brought it to where it is today
Sensex and Nifty indices erased all the gains clocked this year amid soured global sentiment. Another bout of selling can drag over 50% of Nifty500 stocks below their crucial support levels