Wed, Apr 14, 2021 7:36 PM
Bharti Airtel rejigs corporate structure to sharpen focus on digital
A Flip by Flipitnews
From the heady days of the pandemic-triggered digital boom, to the current slowdown due to growth headwinds in the West, the country’s $250-billion IT sector has traversed a full cycle over the past few quarters. Elevated interest rates and weak consumer sentiment in the US and Europe—the bread-and-butter markets for India’s software services exporters—have wreaked havoc on the sector performance.
Open Flip
On the daily chart, a dark cloud cover pattern is observed, indicating a potential bearish reversal. Stocks to buy: 📌Housing And Urban Development Corp Ltd: Buy at ₹227 | Target price: ₹250/260 | Stop Loss: ₹214 📌Deepak Nitrite Ltd: Buy at ₹2450 | Target price: ₹2600/2800 | Stop Loss: ₹2300 📌City Union Bank Ltd: Buy at ₹160 | Target price: ₹175/185 | Stop Loss: ₹150
Open Flip
It is often true that the Indian stock market may not endure its stellar growth for FY25. However, the economy aims to maintains its momentum seen over the last 3 years. India's booming industries are propelling it to the forefront of global economic growth.As FY25 begins, the market grapples with various challenges. These encompass volatility linked to national elections, increased tensions.
Open Flip
