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    Vikshita Vitthal Gujaran in News

    09-Jan-2023 04:59 AM


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    Volatility may continue, support for Nifty visible at 17,750-17,770: Experts

    1/7 Indian market lost more than 1 percent in the week ended January 6 ahead of Q3 earnings starting this week.
    Indication of further rate hikes by Federal Reserve going ahead also weighed on investors.
    On the other side, if the index moves above 18000 it could move up to 18100-18175 levels.
    5/7 Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services | Nifty ended the week below the psychological 18000 mark and is likely to remain weak in lieu of absence of any positive trigger.
    The attrition rates of IT Companies will be closely looked out after they reached the peaks in Q2.
    Stock specific movements will be prominent and as investors react to earnings misses and beats, they are advised to assess the company's long-term potential rather than basing their investment decisions solely on quarterly performance.

    Source - Money Control
    #nifty