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Prabhudas Lilladher has said the country’s growth story is entering a decisive phase, driven by policy clarity, landmark trade deals and a sustained boost to infrastructure. It set a 12-month target of nearly 28,000 for the Nifty 50, citing several reasons.The domestic brokerage, in its latest India Strategy Report, said the prolonged phase of consolidation […]
In a six-day trading week, the Nifty traded with increased volatility throughout the week and ended with gains. The week was marked by sharp swings with markets first reacting nervously to the Union Budget announced on Sunday, followed by a strong positive reaction to the India-US deal leading to a move higher. As a result, […]
Indian equity markets remain stuck in a consolidation phase with the Nifty struggling to decisively cross the 26,000 mark amid weak global cues and continued selling by foreign investors, said Kranti Bathini, director of equity strategy at WealthMills Securities, speaking to ET Markets.Bathini said the markets are witnessing a time correction, with sharper pain in […]
