Q4 FY2024 Results Today: Honeywell Automation India, Dixon Technologies (India), Bharat Seats, Mankind Pharma, Power Finance Corporation, Jindal Stainless, and LIC Housing Finance are among the 84 companies scheduled to release their quarterly earnings on May 15.
The pullback on Dalal Street comes a day after the benchmark indices witnessed a sharp 4.7% correction as investors reacted to Russia’s invasion of Ukraine.
Nagaraj Shetti of HDFC Securities feels if a crucial support of 14,900 is broken decisively on the downside, then the bets of upside breakout could be off and more weakness could be set in.