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925
KOSPI down 11% today. Many AI stocks also have witnessed huge profit booking. If this continues for some more time then Indian IT should be focused for fresh investing.
925
NETWEB TECH: Q1 SL NET PROFIT 853M RUPEES VS 305M (YOY).
NETWEB TECH: Q1 EBITDA 1.2B RUPEES VS 448M (YOY) || Q1 EBITDA MARGIN 14.7% VS 14.9% (YOY)
925
LLOYDSME near 2000. Those who are holding can wait for 2200/2300 levels in 1-2 months. Q1 results still awaited.
925
NIFTY : Continue to trade below 200 DMA. It is "SELL THE RISE" strategy that works better. Unless NIFTY closes above 200 DMA for 2 weeks, no big rally can be expected.
925
EVENT ALERT: US Fed Meeting
Dates: July 28–29
Expected Decision: Rates widely anticipated to remain on hold following tamer June inflation and employment data.
If there is a rate hike then it is negative for Equity and Bullion markets.
925
COFORGE: As per chart, the worst is behind for this co. Long term accumulation only helps.
