So far, in 2022, the Nifty IT index has declined 28%, while the Nifty Bank gained 16% to an all-time high on Thursday. The Nifty has risen 3% in this period and is about 4% away from its record high.
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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