“If the current upside continues, then we are also likely to see some improved performance from the midcaps and the broader markets. It is strongly suggested that shorts may be avoided even if some consolidation happens, that downside must be utilized to make fresh purchases so long as Nifty keeps its head above 17600 levels. A positive outlook is advised for the coming week,” says a market experts.
India’s macro is robust, but markets lack clear value pockets: S Naren
So, I would say that we have actually a 12-years of a big bull market, means that people want to actually take a lot of