The Nifty is likely to consolidate in the range 22,300 – 21,700 in the absence of any near term triggers ahead of the quarterly results announcement which starts during April, says Jatin Gedia.
The Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high can t be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week
Electric vehicles and semiconductors are the sunrise sectors but a lot of their potential has already been priced in, the Samco Group founder and CEO says