Need to wait to find out whether there are signs of capital infusion or any support from the government for Vodafone
"Buy the dips as the Nifty is likely to move further . I see the Nifty touching 16,600 in the next 5-7 sessions."
The RBI is scheduled to announce its bi-monthly policy review on August 6 at the end of the three-day meeting held from August 4 to August 6
Likhita Chepa expects SBI to post improvement in earnings. She feels the asset quality for the bank is likely to improve going forward.
The bias in markets is positive and the Nifty is seen crossing 16,400 now, traders are advised to buy for a target over 16,400-16,430
Asian stocks traded mixed on Wednesday, a private survey showed accelerating Chinese services activity growth in July.
The range bound action seen in the index since last 8 odd weeks has finally resolved with a breakout on the upside
Investors should not chase price momentum or dilute the quality of portfolio now, says Abhishek Basumallick
Markets have always faced selling pressure here in the past. There are chances of positive momentum sustaining.
Asian stocks traded mixed on Tuesday as the Delta coronavirus variant spread in key markets in the region and put Chinese authorities on high alert