We expect Nifty to head towards 17,900 in the truncated week while midcaps could relatively outperform. Use the dips to buy as strong support exist at 17,300. Strength in Indian equities is well supported by a strong correlation with developed market indices.
India top market for me, but regulatory red tape holding it back: Mark Mobius
Mark Mobius reaffirmed his bullish stance on Indian equities, despite geopolitical tensions with Pakistan. He criticized bureaucratic hurdles slowing foreign investments and urged investors to
May 15, 2025