Indian equity markets offer attractive investment opportunity with Nifty 50 expected to witness strong earnings growth, according to Aditya Birla Capital.
According to a report by domestic brokerage JM Financial, the Nifty 50 's average return over one week following the Budget is 1.1 percent, which moderates to 0.6 percent over the next two weeks.
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The 20-day SMA stands at Rs 1134.03 compared to the EMA of Rs 1117.51. For longer periods, the 50-day SMA is Rs 1203.93, and the 100-day SMA is Rs 1237.70, with the EMA at Rs 1199.48. The 200-day ...