Since June 2022 lows, Nifty has not corrected for more than three consecutive weeks in a row, followed by a new high in the following month. After the index formed a bullish piercing line candlestick on the weekly chart, technical analysts expect the rhythm to be maintained.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and