Quote on markets Apr 17th 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
Below the Quote on markets Apr 17th 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital
A week ago, Nasdaq was still firmly in correction territory. Today, the tech-heavy index completed its longest winning streak in nearly two decades.
Nasdaq has risen in 12 straight sessions, marking its longest stretch of consecutive gains since July 23, 2009
A few headlines fueled the rally. Donald Trump said that Israel and Lebanon had come to a 10-day truce, which could bring some more stability to the region
A solid first-quarter earnings season was helping, too. Consensus estimates predict that earnings per share will grow by about 13% year over year in the first quarter, and, so far, companies are delivering
Nifty 24196.75
Strong Resistance: 24300
Strong Support: 23900
Positional Buy: Gulshan Polyols CMP 170, Market Cap: 1060 Cr
Allocation: 4-6% portfolio.
Above views are of the author and not of the website kindly read disclaimer
