neutral
Recently
India stock market weekly forecast signals consolidation ahead
Indian equity indices likely to consolidate next week amid profit-booking and thin liquidity.
The Nifty 50 and BSE Sensex are expected to enter a consolidation phase from 3-7 November as recent gains are largely priced in. Analysts point to mixed global cues, profit-booking and upcoming domestic earnings as key drivers. With holiday-shortened sessions in India next week, liquidity may remain thin. Sectors such as defence and banking are under focus for rotation trades. Investors are advised to maintain discipline, wait for sustainable trend confirmation and avoid overleveraging in volatile conditions.