Street signs: Large floats stay afloat, NSE sets data pack rules, more

Despite the market turmoil sparked by tensions in West Asia, experts believe that upcoming mega-share sales will remain unaffected

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2 min read Last Updated : Oct 06 2024 | 9:50 PM IST

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Catching the falling knife: Is now the time to invest?

From its peak of 26,277, the National Stock Exchange Nifty has fallen by 1,263 points, or 4.8 per cent. Such sharp corrections have historically presented good buying opportunities. Will this time be the same? Analyst Nico Rosti of MRM Research, who publishes on Smartkarma, believes that if the Nifty closes in the negative this week, it will be a good time to go long on the Nifty index using futures. “The Nifty index is quite oversold and could reverse as soon as this coming week. Should the