“India has historically traded at a premium compared to other emerging markets (EMs) due to its large, profitable, and diverse corporate landscape,” says Rajesh Cheruvu – MD and CIO, LGT Wealth India. In an interview with ETMarkets, Cheruvu said: “We are currently overweight in industrials and healthcare and underweight in Energy and Utilities. However, our … Read more
Indian Railway Finance Corporation Share Price 180.53 04:07 PM | 21 Aug 2024 0.63(0.35%) One97 Communications Share Price 574.05 04:07 PM | 21 Aug 2024 1.2(0.21%) YES Bank Share Price 24.45 04:07 PM | 21 Aug 2024 -0.07(-0.25%) ITC Share Price 505.4 04:07 PM | 21 Aug 2024 6.6(1.33%) HDFC Bank Share Price 1625.8 03:59 … Read more
“Market is embracing a weak Modi setup at least and it is not fully priced in yet. So, the areas where there was euphoria given the policy thrust of the incumbent, be it in PSU, defence, manufacturing, that is bleeding a lot more. Once we sort of look beneath the surface, there is sort of … Read more
Nifty is facing downward pressure, and a drop below 21,950 is expected to initiate a sell-off towards 21,770, said technical analysts. However, the FII long-short ratio in the index futures stood at around 32%, suggesting that the markets might be nearing oversold territory. Analysts said if the Nifty closes above 22,150, it could present a … Read more
