Nifty current month’s futures closed with a premium of 23.3 on Friday against a premium of 118.1 points to its spot in the previous week. Next month’s future is trading at a premium of 78.65 points.
Liquidity conditions are tight and all leading indicators like Copper Prices, Crude Prices are beginning to show signs of revival and might trend upwards suggesting
Short-term traders can look to buy the stock now for a possible bounce back towards 500 levels in the next 2-3 months, suggest experts.
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