On the weekly time frame, there is a breakout of bullish flag formation which indicates much more potential upside in the coming days. Momentum indicators are also supporting the current bullish momentum.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond