Macroeconomic Issues

According to data shared by All India IT & ITeS Employees' Union, around 20,000 techies lost their jobs in ‘silent’ layoffs in calendar year 2023

Rupee to stay stable ahead, Nifty rangebound: HSBC India

On Friday, the CSO said it sees the economy growing at 4.9% in FY14. Hitendra Dave of HSBC India is not concerned whether there will be an upside or a downside bias to this figure, but says the larger message that the market will be looking for is whether growth has bottomed out and that increasingly appears to be the case.

Fund managers to be cautious on India for now: Eurekahedge

Speaking to CNBC-TV18, Farhan Mumtaz, Hedge Fund Analyst at Eurekahedge, said that the Indian market has been underperforming other emerging markets and most managers who are investing specifically within India have reduced their exposures. And it is possible that they will remain very cautious about the Indian market at least for the short term.

Market in pain, no reason to buy in hurry: Mehraboon Irani

In an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, Mehraboon Irani, principal and head of private client group business at Nirmal Bang Securities, said that the market has lost its feet and till the time inflationary pressure comes down, the market will have to endure pain.

Monsoon to give fresh start to market: Ambareesh Baliga

In the view of Ambareesh Baliga, COO, Way2Wealth, monsoon will be the right time for the market to start a fresh rally as commodity prices and inflation will start tapering off by then.

Market may travel in a range of 5400-5700: Deven Choksey

Deven Choksey of Choksey Shares & Securities, in an interview with CNBC-TV18, said that the market is likely to travel in a range of 5400-5700 but may not go higher than that.

Nifty will have hard time crossing 5700: Ambareesh Baliga

In an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, Ambareesh Baliga, COO of Way2Wealth said that the market has been absorbing negative triggers since a long period of time and crossing 5700 on Nifty will be a difficult task for the market.