Given the sharp uptrend, Indian markets have gone into consolidation mode. But overall the trend is still in favour of bulls. GIFT Nifty indicates a firm start, but It was the broader markets reversed previous day's gains with the smallcap index shedding over 2%. After SEBI's comments remains to be seen if further downside continues. As for an handover from overseas weak global cues amid uncertainty over U.S Fed's rate cuts mars sentiment. All eyes will be on US & India inflation data due later tis evening. Among stocks in focus are ITC, pharma & chemical stocks. Moneycontrol's Stacy Pereira discusses all this and more with Aamar Deo Singh-Sr Vice President, Angelone & Market Expert Prakash Diwan on Opening Bell
first published: Mar 12, 2024 09:10 am
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