In the short term, the index will be considered in a bullish zone if it stays above 19,500. Fresh momentum can be expected above 19,870.
Only two of 23 mutual fund themes, IPO and defence, gained in August as domestic equities faced broad-based pressure, according to Vallum Capital. Auto, railways
Nifty’s 23,000-23,050 zone remains a crucial support as the index navigates a prolonged correction, while 23,500 is the key hurdle. SBI Securities’ Sudeep Shah outlines
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