The gradual implementation of new trade policy barriers, political uncertainty and declining investment had put the brakes on growth, but demand had held up astonishingly well, OECD said in its latest world economic outlook report.
The Nifty slipped below key support levels on Tuesday after a brief all-time high, with analysts noting a lack of midcap and smallcap participation. Global cues influenced the pullback, but the Nifty's positional trend remains bullish, with support seen between 25,970-26,050. Canara Bank is recommended long, while IndiGo Airlines is suggested for a short position.
When large institutional investors like mutual funds put money into a stock, its often a signal worth paying attention to. These funds carry out extensive research and focus on long-term growth, investing only when theres strong reasoning behind it. But what happens when some of their most favored stocks plummet by as much as 55% from their highs?
