Strength in the market is currently visible in sectors like banking, finance, and consumption. Mid- and smallcaps have already staged a breakout relative to Nifty 50, and the strength will likely continue there.
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
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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