“The trade is undoubtedly on the long side. However, it would be quite prudent to exercise some degree of caution now. Since the FIIs’ net long is currently at an all-time high of 82%, they can begin to rise in the short. After all, mining and longs can occur. In that scenario, Nifty may potentially experience a 400–500 point drop. Additionally, Bank Nifty is also able to detect up to 1,000 significant points,” said Shilpa Rout of Prabhudas Lilladher
7 mutual fund NFOs will open for subscription this week
Seven mutual funds, including index, small cap, thematic, ETF, and FoF schemes, will open for subscription between June 23–27, aiming to diversify offerings and attract
June 22, 2025