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Live: Strategies for truncated trade week | Earnings Watch: ICICI Bank, Ultratech | Opening Bell

In a truncated week, the market is expected to consolidate with a positive bias, with focus on Fed interest rate decision, corporate earnings, monthly auto sales numbers, and manufacturing PMI data. If Nifty manages to stay above 22,300 then a further upside towards 22,600 can be expected. Broader indices continue to outperform. The markets will first react to the quarterly results of ICICI Bank, Maruti Suzuki, and HCL Technologies, which were announced over the weekend and also look forward to Q4 numbers from Ultratech cement. Moneycontrol's Stacy Pereira speaks with Milan Vaishnav, Founder and Technical Analyst, ChartWizard FZE and Gemstone Equity Research and Feroze Azeez, Deputy CEO, Anand Rathi Wealth on Opening Bell

first published: Apr 29, 2024 09:13 am