After showing a sustainable intraday upside recovery on Friday, Nifty shifted into a choppy movement for Monday and closed the day lower by 19 points, says Nagaraj Shetti, Technical Research Analyst, HDFC Securitie.
After opening with a negative note, the market slipped into further weakness soon after the opening. It later showed minor upside recovery from the lows, but was not able to sustain the recovery towards the end, he said.
Persistent geopolitical tensions continue to weigh down the sentiment on equity, yet the mid-and small-cap index witnessed bargain hunting ahead of festival-driven demand and optimistic Q2 result, says Vinod Nair, Head of Research at Geojit Financial Services.
If the oil price moves higher in a sustained manner, it may elevate yields and operation cost, potentially straining margins in H2FY24, he said.
As the earnings season gets into full swing, investors will be more inclined to take a bottom-up approach to restructure their portfolios.
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A step towards empowering content creators
In an evening of learning, interacting and associating, Dish TV's OTT Platform Watcho launched the Watcho Storytellers Conclave, with an aim to empower filmmakers and content creators.
Marital Musings
'The support she extended was definitely praiseworthy'
Panthers of the 'Pink City'
Jaipur, the flamboyant pink city of India, is known for its art, architecture, palaces, forts, exquisite cuisine and royal life. But just on the outskirts of the city with its huge buildings, cacophonous crowds and deafening sounds lies a small, happy, peaceful refuge where nature rules.
With a song in my heart
(A week spent at Windamere Heritage Hotel in Darjeeling)
Tackling climate change a game of global finance
A prolonged heatwave followed by a monsoon when it rained heavily or not at all—leading to a vicious cycle of droughts, floods, landslides, storms—that was climate-changed India 2024.
The Memento
Shelly is an excellent craftswoman. Her beautiful, lyrically wavy embroideries are in high demand in the handicraft markets.
Reading Lolita in Tehran is an evocative example of woman powel
Russian-American author Vladimir Nobokov's novel, Lolita, created a huge controversy with its plot point of hebephilia.
U19 Asia Cup: Pakistan ride Shahzaib ton to beat India
A scintillating 159-run innings by Shahzaib Khan powered Pakistan to a 43-run victory over India in a Group-A clash of the ACC Men's U19 Asia Cup at the Dubai International Cricket Stadium on Saturday.
BGT: Indian fast bowlers share insights on pink ball ahead of second Test in Adelaide
As the Indian cricket team prepares for the upcoming pink-ball Test in Adelaide starting 6 December, fast bowlers Akash Deep and Yash Dayal have shared their experiences and observations about the challenges and nuances of bowling with the pink ball.
Australia not panicking after Perth Test loss to India: Boland
Pacer Scott Boland said the Australians are raring to win the Adelaide Test and turn the series around
