The Nifty has lost over 10% in the year since the last Mahurat session. In its Diwali Mahurat Picks report, Axis Securities sets out eight developments that could turn the market around in Samvat 2083, and the signals that would make it more cautious.
The fintech continues to make healthy progress toward sustainable profitability and improving operating leverage, even while gross merchandise value was flat QoQ owing to festive season getting pushed to Q3, says the brokerage.
