Nifty has seen a rally of 15% from mid-June low of 15,183 to this week’s high of 17,490 in the last 7 weeks. It has reached key resistance and retracement level in the region of 17,400-17,490 and is facing resistance.
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher
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