Not nibbling now, expect deeper corrections in Nifty & Sensex: Dipan Mehta

Not nibbling now,  expect deeper corrections in Nifty & Sensex: Dipan Mehta

Dipan Mehta, Director, Elixir Equities, says “I am not nibbling anywhere. I am just waiting patiently, wherever numbers are not up to expectations, trim a few holdings over there and I seriously expect that this correction could be as deep as 10-12% on the Nifty and the Sensex, who knows? We may even test the … Read more

Ahead of Market: 10 things that will decide stock action on Monday

Ahead of Market: 10 things that will decide stock action on Monday

Indian equities unfazed by weak global cues ended in the green in Friday’s session. Nifty ended at 19,820, up around 100 points, while Sensex added 333 points to settle the week at 66,599. Global distress weighed on IT and pharma stocks which came under selling pressure. Nevertheless, the gains in infra, industrial, and capital goods … Read more