May 30, 2021 08:10 AM IST
Once 15700 is breached on the upside a move till 15850-15950 cannot be ruled out but that will happen only above 15700. During the next week if the index falls below 15400 it may move southwards till 15250.
- May 28, 2021 05:13 PM IST
The broader market has been a marked outperformer in the recent past. The brokerage firm expects the broader market outperformance to accelerate wherein catch-up activity would be seen in small caps.
- May 28, 2021 11:46 AM IST
If the index sustains above 15,431, it is likely to continue its march towards 15,800-16,000. On the downside, the immediate support lies at 15,180, say experts.
- May 28, 2021 08:22 AM IST
The rally is more broad-based which is also positive. In the 2020 rally, the top 5 stocks contributed almost 80% but in 2021 (Jan to April) top 5 stocks' contribution came down to around 57%, said Nagda.
- May 27, 2021 03:32 PM IST
Given the recent upmove and valuations the journey towards $ 4 trillion could be slower as many of the companies contributing to the higher market capitalization today are very highly valued, says Sabharwal.