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For Nifty, the downside appears limited, as reducing EPS by 5% and cutting multiples to a decade low brings us to 22,000, Bernstein stated in a note. With 5% growth in September and subdued industrial growth, the firm believes this phase represents a bottoming out of the market.

​There is still some downside to valuations. So, this sort of time correction that we have seen in financials from a longer-term perspective would continue for another couple of years.

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A total of 416,777 shares changed hands on the counter till 02:04PM (IST)

​Geojit Financial Services identified top stock picks for 2025 in sectors like chemicals, defense, EMS, FMCG, infrastructure, renewable energy, and textiles. Key recommendations include NTPC Green Energy, L&T, HUL, and Bharat Electronics, driven by strong domestic demand, government policies, and initiatives like PLI schemes.​

So, your question, of course, is that what happens tight dollar, of course, means tight financial conditions and that essentially means that the emerging markets more specifically do not do well, both equities and bond.

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The Relative Strength Index of the stock stood at 45.61 on Thursday.

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Several new-age stocks saw remarkable growth in 2024, with PB Fintech, Netweb Technologies, Zomato, and CarTrade Tech delivering multibagger returns. However, some stocks like FSN E-Commerce and Easy Trip declined.

Crompton Greaves shares 1.3% as Nifty gains

Updated at : 2025-01-02 13:25:01

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The stock quoted a 52-week high price of Rs 483.65 and low of Rs 262.10.

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GAIL shares 0.75% as Nifty

Updated at : 2025-01-02 13:25:01

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A total of 281,690 shares changed hands on the counter till time (IST).

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