Mumbai: The domestic market remains in correction terrain and from the recent peak, the main indices, Nifty and Sensex, have corrected around 10 per cent, according to trade experts.
This week, after showing sharp weakness on Tuesday and Wednesday, Nifty continued its decline amid range movement on Thursday and closed the day lower by 26 points. After opening on a slightly negative note, the market made an attempt of minor upside bounce in the early part of the session.
According to market watchers, weakness in Q2 FY25 results and sustained outflow of foreign funds weighed on the sentiment.
On the other hand, a spike in domestic CPI inflation to a 14-month high of 6.2 per cent, a firm dollar index, and a rising US 10-year yield signal that the volatility will continue in the short term.
“Investors are rushed to unwind their positions in the riskier assets as the continuity of the premium valuation without a fair earnings growth will not be sustained,” said Vinod Nair, Head of Research, Geojit Financial Services.
According to Nagaraj Shetti from HDFC Securities, the market needs to show more evidence to consider for potential upside reversal.
“A decisive slide below 23500 is expected to drag Nifty down to 23,200-23,000 levels by next week. However, a sustainable move above 23,700-23,800 levels could open chances of sizable upside bounce in the market,” he mentioned.
Amid a setback in H1 FY25, investors see some light in H2 FY25 earnings on account of acceleration in government spending, a good monsoon and a revival in rural demand.Consolidation may continue in the near term; however, the beaten-down value stocks may witness bottom fishing due to their potential outlook.
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Few cars deliver driving thrills at an affordable price quite like the 2022 Mazda MX-5 Miata, and it’s the only affordable sports car with a convertible top. It’s also on our 2022 Editors’ Choice list. A spunky four-cylinder primarily pairs with a satisfying six-speed manual, but an automatic transmission is offered, too. The Miata’s handling is eager and playful, which makes encountering twisty roads a joyful experience.
Most versions come with a manually-folding soft-top, but there’s a more expensive RF model available with a power-folding Targa hardtop. With either roof, the Miata’s interior is snug but nicely equipped, with infotainment features such as Apple CarPlay and Android Auto standard across all trims.
Mazda has eliminated the six-speed automatic transmission from most of the MX-5 Miata’s
trims for 2022, making it available only on the top-level Grand Touring trim where it is a $500 option on the convertible and a $550 option on the RF. Fine by us. We think ordering a Miata with an automatic is sacrilege.
Elsewhere, Mazda has incorporated a new feature called Kinematic Posture Control that is said to sharpen handling by applying small amounts of brake pressure on the inner rear wheel during cornering. Mazda says this reduces body roll and improves stability.
Platinum Quartz Metallic is a new color choice this year, as is a the richly colored Terracotta Nappa leather upholstery,The 1971 Jaguar E-Type is celebrated for its remarkable performance features that blend elegance with power. Equipped with a 4.2-liter inline-six engine, it delivers an impressive output of 265 horsepower, allowing it to accelerate from 0 to 60 mph in just 6.5 seconds.
The E-Type‘s lightweight construction and aerodynamic design contribute to its agility and speed, making it a favorite among sports car enthusiasts. Its independent suspension system enhances handling, providing a smooth and responsive driving experience.
Additionally, the iconic design, characterized by its long hood and sleek lines, not only captivates the eye but also aids in its performance, ensuring that the 1971 E-Type remains a timeless classic in automotive history.
- 123-342-3471
- contact@arefindev.com
Find Your Desired Car
You can get your desired awesome different types of cars here by name, category or brand.
Featured Cars
See all the popular cars from below
Testimonial
What our clients tell about us
Eu alii augue copiosae cum, duo ei quaeque tibique repudiare, tantas pertinax pro ad. An vis ferri singulis tractatos. Per in facer utamur qualisque, vim simul placerat ex, ex vidit omnium convenire vix. At sea inani numquam tractatos. Persius adipisci rationibus at cum, qui cu aperiam volutpat periculis. Stet docendi adipisci mei ei.
David Smith
CEO, XYZ Multimedia
Iisque corrumpit voluptatum vel et, et maluisset contentiones eos. Duo tantas adversarium eu, erant labores an mea. Ei perfecto tacimates mei. Per eirmod oporteat antiopam eu, duo in mucius admodum, nibh consul detracto cu sea. Nonumy iudicabit eu eam, at sed apeirian platonem liberavisse. Magna noster disputando pri eu.
John Doe
Director, ABC Media
Categories
Locations
Footer Menu
Copyright 2022. ArefinDev. All Rights Reserved.
Few cars deliver driving thrills at an affordable price quite like the 2022 Mazda MX-5 Miata, and it’s the only affordable sports car with a convertible top. It’s also on our 2022 Editors’ Choice list. A spunky four-cylinder primarily pairs with a satisfying six-speed manual, but an automatic transmission is offered, too. The Miata’s handling is eager and playful, which makes encountering twisty roads a joyful experience.
Most versions come with a manually-folding soft-top, but there’s a more expensive RF model available with a power-folding Targa hardtop. With either roof, the Miata’s interior is snug but nicely equipped, with infotainment features such as Apple CarPlay and Android Auto standard across all trims.
Mazda has eliminated the six-speed automatic transmission from most of the MX-5 Miata’s
trims for 2022, making it available only on the top-level Grand Touring trim where it is a $500 option on the convertible and a $550 option on the RF. Fine by us. We think ordering a Miata with an automatic is sacrilege.
Elsewhere, Mazda has incorporated a new feature called Kinematic Posture Control that is said to sharpen handling by applying small amounts of brake pressure on the inner rear wheel during cornering. Mazda says this reduces body roll and improves stability.
Platinum Quartz Metallic is a new color choice this year, as is a the richly colored Terracotta Nappa leather upholstery,The 1971 Jaguar E-Type is celebrated for its remarkable performance features that blend elegance with power. Equipped with a 4.2-liter inline-six engine, it delivers an impressive output of 265 horsepower, allowing it to accelerate from 0 to 60 mph in just 6.5 seconds.
The E-Type‘s lightweight construction and aerodynamic design contribute to its agility and speed, making it a favorite among sports car enthusiasts. Its independent suspension system enhances handling, providing a smooth and responsive driving experience.
Additionally, the iconic design, characterized by its long hood and sleek lines, not only captivates the eye but also aids in its performance, ensuring that the 1971 E-Type remains a timeless classic in automotive history.
Sensex is currently at 77,580.31 while Nifty at 23,532.70.
“Going ahead, the focus will be the developments from the Donald Trump administration in the US and its implications towards the emerging markets (EMs). The policy proposals are likely to add upward pressure on US inflation, which may impact the future Fed rate cut trajectory,” said experts.
(IANS)
