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Traders prep for the Santa rally https://t.co/hHxeOtmQIE
Editor's Take | We may see a last hurrah in the markets, but this will be unlike the Santa Claus rally: @nikunjdalmia How will Nov-end to Dec be different than Sept-Oct? Here are insights on factors set to normalise and what it means for benchmark indices and small-midcap… https://t.co/XVJVQoOWBL
Worried about ongoing corrections through 2025, but bullish on India long-term: CLSA’s Vikash Jain In the short term, Indian markets could benefit from a seasonal rally. "There could be a reasonable relief. Markets are up 10 percent and they can easily rally 5-7 percent in the…
Vikash Kumar Jain, an India strategist at CLSA, has forecasted a potential 'Santa Claus rally' for the Indian stock market, projecting gains of 5-7% over the next six to eight weeks. Despite concerns about ongoing market corrections extending into 2025, Jain remains optimistic about the long-term prospects for Indian markets. He noted that the markets have already risen by 10% and could see a further rally in this seasonal period. Other analysts have suggested that while a rally is expected, it may differ from traditional patterns seen in previous years, with insights on how market conditions may normalize influencing benchmark indices and small to mid-cap stocks.