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“We expect the Nifty to consolidate between these two parameters from the next few trading sessions. we believe that the pullback rally has some more steam left and the nifty is likely to carry on this positive momentum next week as well,” the Sharekhan analyst said.

Vivek Bajaj, co-founder of StockEdge, shares his insights on how to trade derivatives in India and why the market is not linear. He also discusses the risks of market volatility and how to navigate through it. His portfolio is adjusted according to market conditions. When the market trades below 200-EMA, he prefers the exit-only mode. He is 90% cash in his momentum portfolio.

The company has 46 work orders in hand having an aggregate order book value of Rs 1,291 crore, as of the December quarter. Out of these, 30 are ongoing and 16 are new work orders, which are yet to start.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 87101.26 Crore) operating in Metals - Non Ferrous sector.

“The Nifty ended the session with gains of around 115 points by forming a Doji candle with long lower shadow on daily scale and negated the formation of lower lows of last seven trading sessions,” he said.

Vijay Kedia, multibagger hunter and top value investor, believes that the market is in a confusing state and that the only thing to look out for is the bottom. He is cautious about investing in new-age stocks, as their valuations are still high despite the current market conditions. He is more interested in investing in stocks that are already profitable and have a good track record.

Realty major DLF will invest around Rs 3,500 crore over the next four years to construct a new luxury housing project in Gurugram as it seeks to tap strong demand for residential properties.

In the past week, the debate in financial markets has been whether the Fed would give precedence to the mess in the US banking industry or continued inflationary pressures while deciding on interest rates in the policy meeting ending March 22. The outcome of the Fed meeting--considered one of the most crucial in recent times-- will set the tone for the markets in the near term.

Last week, overnight interbank call money rates jumped to 6.80%, higher than the marginal standard facility (MSF) rate of 6.75% at the upper band of the interest-rate corridor, pointing to the likely direction in rates toward month-end.

There have been over 25 large block deals in the past six months in which foreign funds, including Blackstone, Apax Partners, SoftBank, Tiger Global, Bain Capital and General Atlantic, among others, have sold shares worth nearly ₹35,000 crore. Secondary market deals have largely revived from sustained and continued domestic flows.