FOR BEST LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587
Today nifty started the day on a
negative note on weak global cues and remained in negative territory for most
of the session before closing with marginal losses. The Nifty witnessed
swinging action on March 24 and ultimately posted a negative daily close. For
the last few sessions, it is stuck in between the hourly Bollinger Bands, which
are in contraction mode. Metal sector still has legs to move on because in
the last 3-6 months the kind of cash flows these companies have generated, that
is going to dramatically change the balance sheet. So from here on even if the
earnings remains flat, just by the interest cost savings and better working
capital management, these companies can still report positive earnings growth.
So there is still steam left in these names to be invested.
Zee on Thursday said that it welcomes the decision by Invesco Developing
Markets Fund and OFI Global China Fund LLC for its belief in the potential of
the proposed merger with Sony Pictures.It remains focused on the completion of
the proposed merger with Sony Pictures, which is in the best interest of all
the stakeholders.
Thursday, March 24, 2022
STOCK MARKET PREDICTION FOR TOMORROW 25 MAR 2022
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