Weakness, Mohammad said, shall not be expected unless Nifty50 closes below 17,650. Therefore, traders with high risk-taking ability can buy the dips for a target of 17,990, but the stop shall remain below the 17,650 level, he said.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds