📈 Earnings Progression to Steer Stock-Specific Moves!

🔸Nifty recently corrected 2%, mirroring a firm US dollar and FII selling, with mid and small caps lagging. 

🔸Currently consolidating near its 2-month low, suggesting potential for a pullback despite oversold conditions. 

🔸 A decisive break below 23,300 could trigger further correction.

🔸 The market has been range-bound since June, with the recent decline representing a normal correction within a bull market. 

🔸Volatility is expected to rise due to US policy, earnings, and the upcoming budget. 

🔸 A weakening US dollar could support emerging markets.

TOP GAINERS
🔼PTC Industries: 28.4%
🔼SRF: 16.9%
🔼ITI: 16.2%
🔼Navin Fluorine International: 10%
🔼Lloyds Metals & Energy: 8.1%

TOP LOSERS
🔽Kalyan Jewellers India: -20.5%
🔽KEC International: -19.5%
🔽Inox Wind: -17.7%
🔽Techno Electric & Engineering Company: -17.3%
🔽Godrej Industries: -16.7%

#stockmarketupdates #Nifty #StocksInFocus #gainers #losers #banknifty #Sensex 

🩷 & 🔄 if you found this insightful!
Disclaimer: