Lupin, Dabur among oversold stocks; analyst explains terminology, strategy

Consumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, signaling potential future impacts. While urban growth eased, rural expansion accelerated but faces monsoon uncertainties. Companies remain cautiously optimistic about demand resilience despite ongoing global concerns. The full effect of delayed rainfall on…

A federal jury awarded a California family $12.7 million for their Santa Cruz Island ranch. The government had seized the 6,300-acre property using eminent domain in 1996. This verdict concluded a decades-long property dispute between park officials and the Gherini family. The family’s ancestors had owned part of the island since the late 19th century….

The brokerage expects 24,000 to act as a crucial support level for the Nifty; a sustained break below this level could trigger further weakness towards 23,800.