Kotak Institutional Equities forecasts 2025 to mirror the lackluster trends of late 2024, with domestic and global uncertainties—including stretched valuations, sluggish consumption, and geopolitical tensions—keeping markets directionless in the near term.
Besides, trading activity of foreign investors and the last batch of Q1 earnings announcements would also guide trends in equities.
The sharp spike in FIIs' short bets in the Indian derivatives market ahead of the exit polls has created a trade setup that positions the market in a multi-week upward rally, believes Rohit Srivastava of Indiacharts.
NSE data shows the DIIs bought shares worth Rs 83,199 crore in the first quarter of CY 2023. FIIs sold shares worth Rs 50,558 crore in the same period.
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Chandan Taparia of Anand Rathi Securities believes the market trend is weak given that Nifty broke its 7996 support level.
Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about how to play the market today as it stands poised for the Assembly election results. Check out his comments.
Vikas Khemani, executive vice president and head of institutional equities at Edelweiss Securities spoke to CNBC-TV18 about his takeaway from Edelweiss’ seventh annual conference.
It’s been a flat session for the market. It’s been up and down a little bit, but essentially, it has been within a trading range of around 4,740-4,780, says Udayan Mukherjee, managing editor, CNBC-TV18.
Bhoruka Aluminium is the one stock that has bucked the trend in the broader markets. In an interview to CNBC-TV18, the company's executive director Rajat Agarwal says the company is all set to materialise its expansion plans by raising about USD 10 million in the next quarter.