Stocks To Avoid

Stocks to Watch today: Wipro, after market hours on Friday, reported a consolidated net profit of Rs 3,052 crore for October-December FY23, an increase of 2.8 per cent year-on-year (YoY)

On the daily chart, the Nifty MidCap index in reaching the '100% Price Extension' of the previous up move

From the chart trends, one can clearly conclude that till Vedanta does not see strong buying and positive close, then the chances of the stock going up seem slim

Kotak research says the pressure on equity multiples is likely to continue if current macro-economic conditions sustain, even without further deterioration