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Motilal Oswal Asset Management Company (AMC) has launched a unique Diwali campaign, #MeriTarafSe, a heartwarming tribute to the legacy of passing on traditions across generations. With #MeriTarafSe, Motilal Oswal AMC reinforces its connection to the core values of Indian households—support, tradition, and giving a little extra help to near & dear ones to achieve their goals. Set in a quintessential Indian household, the digital film captures the touching relationship between...
Motilal Oswal AMC`s unveils Diwali Campaign #MeriTarafSe
Nifty * As we approach Diwali 2024, Nifty has experienced a healthy correction of 1,900 points, which equates to a 7.23% decline from its lifetime high. This pullback offers a strategic buying opportunity as the market sets up for a potential recovery. The current chart structure indicates the market is stabilizing, and the correction could be reaching its final phase, providing a favorable environment for long-term investors. * The ABC wave structure, as per Elliott Wave theory...
Diwali pick 2024 By Choice Broking Ltd
As per the table, the market does not appear to be in an expensive zone on a 1- year forward basis, indicating potential upside even without further P/E expansion. However, we expect some degree of P/E expansion, which could lead to extreme volatility in either direction. * In Diwali 2023, the Nifty stood at around 19,400 and has now reached 24,472, delivering approximately 28% returns, with the majority of the gains coming in the later part of the period. The top-performing sectors includ...
Diwali Picks 2024 by ARETE Securities Ltd
BUY INOXWIND • Monthly chart shows that shock had given the breakout of Inverse Head and Shoulder pattern. • The Stock has formed and given a breakout of a Flag Pattern on its weekly charts. • The stock has given a consolidation breakout on its weekly chart with healthy volume addition which gives more strength to stay in buying trend . CMP 210 ADD ON 198 TARGET 290 STOPLOSS 182 BUY TRENT • The Stock has given breakout of...
Diwali Picks 2023 By Nirmal Bang Ltd
SAMVAT 2078 has been quite volatile. While our benchmark NIFTY started at the level of 18040 and touched an all-time high of 18350 on 18th Jan’22, things turned for the worse after it hit this all-time high mark. Rising valuations, accentuated geopolitical tensions, withdrawal of monetary stimulus from the central banks across the globe, rising interest rate scenario, and rising oil led NIFTY to hit lows of 15183 on 17th Jun’22. On a brighter note, the market has since regained th...
Diwali Market Outlook : We expect NIFTY to trade positively in SAMVAT 2079 Says Axis Securities
Nifty index has been outperforming the Global market as DJIA is down by 16% on YTD compared to 1.5% gains of Nifty index on YTD basis. Indian market is holding well and any major decline led by Global volatility is being bought with outperformance nature. Last Diwali (04th November 2021) Nifty was trading near to 17900 zones and we are slightly down as of now but good part is that in last few months Nifty corrected towards 15200 zones and that was bought smartly in spite of nervousness by ...
Samvat 2079 Market Outlook By Motilal Oswal Financial
In the year gone by, the broader markets have broadly consolidated between Nifty level of 18,604 made on 19 October 2021 and 15183.40 made on 17 June 2022. From a theoretical p p ers pective the market did not close below 20% from the hi g , hs which is normally construed as entering a bear market. Within this range, overvalued sectors and stocks like technology and metals which have a decent weightage in indices corrected thereby giving an opportunity to savvy investor to buy into undervalue...
Diwali Market Outlook: Shining stars in a sideways market - ARETE Securities
NIFTY50 • After settling an all-time high of 18604, the Index showed some profi t booking till 15183 levels which is near 18 percent which was much needed to take the bulls for a pause before a run. The market may witness more consolidation after the successive rise and it would be healthy. Since all the sectors are now aligned with the market trend, heavyweight stocks would drive the moments further for the next upside rally. • On a weekly chart, the index has been trading wi...
Diwali Vikram Samvat 2079 Market Outlook By Sumeet Bagadia, Choice Broking
Samvat 2079 now looks much brighter and more promising. The Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. We believe the relative outperformance of the Indian market will likely sustain in Smavat 2079 as well and would be led by favourable macroeconomic factors and better-than-historical fundamentals of Indian corporates. While inflation continues to be a major challenge in the developed world, inflation in...
Market Outlook Diwali 2022 : Samvat 2079 now looks much brighter and more promising - Axis Securities
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