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Market move● Neutral for Indian equities
Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high
The brief
- The Nifty modestly breached its 200-week moving average as its technical structure weakened
- The outlook points to a possible rebound in oversold Nifty, with volatility remaining high
- Volatility and a possible rebound matter for Indian equity investors, especially index-linked funds and traders
- Nifty earnings lag GDP growth and weighing on equities, shows data
- FII selling keeps Indian stocks under pressure: Brokerages flag crude, global yields as key risks
- Nifty 500 stocks fall up to 70% from 52-week highs; why broad market recovery may remain elusive in short term
- Experts' views: Can new HDFC Bank CEO-MD Anup Bagchi's appointment change fortunes of Sensex, Nifty, Bank Nifty indices?
- D-Street logs longest spell of week slump in 25 years