business

Indian equity market look for direction | Honasa's profits double | Opening Bell

Nifty manages to come close to a 2-month high as it races past 19,800 levels. Sensex too climbs the 66000 peak. Broader markets however show divergent trends. What are the key triggers to propel Nifty towards 20,000? Globally, entering the Thanksgiving holiday truncated week, stocks on wall street gained while Treasury yeilds eased. Asian markets are trading mixed, while the gift nifty is indicating a positive start for Indian equities.Among stocks in focus today will be Honasa Consumers as the newly listed D2C players reports doubling its profits in Q2. Interglobe aviation and TVS Motors will be the other stocks in focus. Stacy Pereira discusses all these with Chandan Taparia ,Senior Vice President, Head-Derivatives & Technical Research , Motilal Oswal & Market Expert, Hemang Jani on Opening Bell.

first published: Nov 23, 2023 09:09 am