"Apart from this the strong FII inflow and the positive macro data have been supporting the sentiments"
While some experts see a correction, others are optimistic of Nifty 50 touching 18,600
India Inc is at the cusp of a high double-digit growth trajectory with earnings CAGR over FY21-23E at around 26%
The best of market rally has played out and a fast and furious correction may be coming, says Sanjiv Bhasin, Director, IIFL Securities
Axis Securities highlighted that even in the mid and smallcap space, quality stocks have outperformed the non-quality stocks by a significant margin.
The current relaunch of the EM bull market is accompanied by stalled trends in the US dollar.
Markets have been in the over-heated space for some time. This correction will throw the weak hands off.
With regards to Nifty Bank, the level of 33,900 acted as a support during the week. Now at this juncture, the index is on the verge of a breakout
Both benchmarks, Nifty and Sensex, rebounded 7% in May after dipping around half a percent in April
Concerns over Covid-19 and ongoing state-wise restrictions have turned the equity investors cautious on Dalal Street. However, analysts continued to r