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Quarterly earnings will give opportunity to realign portfolios

image Where are We? The Nifty 50 has taken support near the 11100 levels (50 per cent retracement of the previous up-move between 10,700 and 11,700 levels) and witnessed positive momentum with gains of 1.2 per cent w-o-w. Among the sectors, banks and metals gained 1.1 per cent and 1.7 per cent, respectively, for the week, while other sectors remained flat-to-negative in range of 0.5-0.3 per cent. Mid-caps and smallcaps too remained flat-to-negative, underperforming broader markets.............ET

14-Oct-2019