September seasonality favours bears: Nifty down 6 of last 10 years; where to invest now?

September seasonality favours bears: Nifty down 6 of last 10 years; where to invest now?

September seasonality leans bearish, with the Nifty closing lower in 6 of the last 10 years, largely driven by foreign capital outflows as FIIs turned net sellers on as many occasions. The 50-stock index settled lower in 2015, 2016, 2017, 2018, 2020, and 2022. The sharpest fall of 6.4% was recorded in 2018, followed by … Read more

Wipro shares a slow-mover but can rally to Rs 335-360 in next 2 weeks: Anand James

Wipro shares a slow-mover but can rally to Rs 335-360 in next 2 weeks: Anand James

Wipro is usually a slow mover, but the ongoing uptrend is replete with bullish continuation patterns, which can make the stock rally towards Rs 335-360 region in the coming fortnight, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts: Nifty looks on track to end the month on a negative note. What would … Read more