Despite a bounceback, smallcaps still vulnerable, says Share.Market analyst. Here's strategy on Trent, Muthoot and 4 more stocks
Indian markets experienced a volatile week, initially buoyed by Trump's tariff pause, offering a chance for trade negotiations. Analyst Om Ghawalkar advises caution despite a smallcap bounce, noting the index remains below its 200-day moving average. Key Nifty levels to watch are 23,000-23,500 resistance and 22,600-22,000 support. While IT sector faces challenges, banking shows resilience.
Indian markets experienced a volatile week, initially buoyed by Trump's tariff pause, offering a chance for trade negotiations. Analyst Om Ghawalkar advises caution despite a smallcap bounce, noting the index remains below its 200-day moving average. Key Nifty levels to watch are 23,000-23,500 resistance and 22,600-22,000 support. While IT sector faces challenges, banking shows resilience.
What's Your Reaction?
