After such a heavy correction, small caps still seem a bit overvalued to me, although I'm not sure why. The Indian market needs a domestic push right now to give it an upward movement; otherwise, the market might remain sideways.
After yesterday's rally, there is heavy profit booking going on in the market, and in my opinion, the market will remain mostly sideways this week, with some minor movement until the close.
0 replies6 likes
Rohan Saha
Founder - Burn Inves... • 2m
I think the Indian market should continue moving sideways for some time, as that would be beneficial. If the market suddenly surges upward, the growth might not seem as strong or sustainable.
0 replies3 likes
Rohan Saha
Founder - Burn Inves... • 26d
The market will have to break this crucial level for the next move, otherwise it might remain sideways for now. Some positive news will be needed at both domestic and international levels.
0 replies14 likes
Rohan Saha
Founder - Burn Inves... • 2m
For the next few days, I think the market will remain sideways, and this is important. The market needs a base at the moment.
0 replies4 likes
Rohan Saha
Founder - Burn Inves... • 7m
Okay, I was just checking the valuation of our Indian stock market and I noticed something interesting. Despite the heavy sell-off in October, FMCG, IT, and small-cap stocks are still overvalued. I understand why IT stocks are overvalued because the
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financialnews
Founder And CEO Of F... • 6m
Stock Market Correction: Jefferies Highlights Significant Earnings Downgrades, Largest Since Early 2020
Jefferies Highlights Healthy Stock Market Correction and Earnings Downgrades Since 2020
Chris Wood from Jefferies recently emphasized that the c
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financialnews
Founder And CEO Of F... • 6m
"Portfolio Manager Predicts Potential Market Correction Amid Growth Concerns"
Brian Arcese, a portfolio manager at Singapore-based Foord Asset Management, highlighted the possibility of a market correction if U.S. GDP growth slows and inflation rise
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3 replies2 likes
Rohan Saha
Founder - Burn Inves... • 1m
From today's market behavior, it's clear that the Indian market is currently more focused on earnings rather than any global factors. A good rally or even a healthy sideways movement might occur, which could bring more confidence from a technical lev
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0 replies10 likes
Rohan Saha
Founder - Burn Inves... • 2m
The market will likely remain sideways until the results start coming in. If the results this time are good, the market could easily show a new rally. A long-term bear run in the market is not as easy as people are saying, that the market will remain
The RBI has made a 25 basis points rate cut. However, there is still some tension in the market regarding what the RBI will do about banking liquidity and how it will manage future inflation. Due to these concerns, the market is somewhat sideways and