Stock-specific action may continue amid ongoing earnings seasons
• Indian stock markets are expected to see stock-specific movements as earnings seasons continue, influenced by geopolitical developments, crude oil prices, and foreign fund flows. • Market volatility remains a factor, with the India VIX closing the week at 12.15% and the Put-Call Ratio Open Interest (PCR OI) standing at 1.14. • The Nifty faces a crucial resistance zone between 24,550 and 24,600, which aligns with previous swing highs.
thehansindia.com