The invalidation level is 81,462.19. S&P BSE Sensex (India) Elliott Wave Analysis Trading Lounge Weekly Chart Orange wave 3 appears completed, and now wave A of orange wave 4 is in progress.
Mid- and small-caps continue to be frothy, and Nifty's price to earnings, or P/E, at 23.5, is above the historical averages, as the index has risen faster than earnings growth.
(RTTNews) - Indian shares may drift lower on Wednesday as investors ... That was above the expected growth of 2.5 percent. Benchmark indexes Sensex and Nifty fell over 1 percent each on Tuesday ...