Nifty is currently placed at the edge of moving above the minor down- trend line resistance around 21,900-21,950 levels. A decisive break above this hurdle could open the doors for new all-time highs around 22,150 levels. Immediate support is at 21,800, said Nagaraj Shetti of HDFC Securities.
Why are savvy HNIs turning to ETFs during market dips?
‘Buy the dips’ is a strategy where investors take advantage of short-term market declines to buy stocks or ETFs at lower prices on the belief