8:48 AM
Expert Speaks: ‘Near-term outlook favours Nifty bulls’
– The near-term outlook favours Nifty bulls, driven by the first U.S. interest rate cut in over four years, despite FIIs offloading Rs 33,000 crore since the Union Budget. The recent 3-day rally at Dalal Street, fuelled by strong SIP flows from retail investors and DIIs net buying Rs 36,000 crore in August, underscores this momentum.
– Key events to watch include the July FOMC minutes and Fed Chair Powell’s speech at the Jackson Hole conference, where hints of a 50-bps move could drive further market action.
View By: Prashanth Tapse, Senior VP (Research), Mehta Equities.
7:58 AM
Stocks to watch, Aug 21: Ola Electric, Cyient DLM, PNB Housing Fin, L&T, Vi
Indian Equities are looking at a flat opening on Wednesday, tracking weakness from global peers. Domestically here are the hot stocks to watch on Wednesday: READ MORE