Nifty 50 unlikely to hit new highs this year; there’s more room for correction, says Siddarth Bhamre | Stock Market News

Nifty 50 unlikely to hit new highs this year; there’s more room for correction, says Siddarth Bhamre | Stock Market News

Source: Live Mint Despite the heavy bear hammering that Indian equity indices have faced in the past six months, top stock market analyst and head of research at Asit C Mehta Investment Intermediates Siddarth Bhamre does not see a rebound in the near term. Bhamre told Mint that markets could correct some more while suggesting…

Read More
Small-caps still overvalued, but opportunities for select stocks emerging, says Puneet Sharma of Whitespace Alpha | Stock Market News

Small-caps still overvalued, but opportunities for select stocks emerging, says Puneet Sharma of Whitespace Alpha | Stock Market News

Source: Live Mint Indian markets experienced a volatile January, oscillating sharply amid a blend of global and domestic uncertainties that kept investors cautious. While frontline indices regained strength over the last couple of trading sessions, they ended January with a drop of over 0.5%, marking the fourth consecutive month of losses for the Nifty 50…

Read More
Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Vigorous FII selling may taper, paving way for short-term recovery | Stock Market News

Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…

Read More