Nifty gained 84 points on Friday, forming a rounding bottom pattern suggesting strength. Analysts expect the index to rise towards 25,500 and potentially 26,000-26,250 if it sustains above 25,500. Support is at 24,950; a ‘buy on dips’ strategy is recommended.
Mutual fund bulls vs FII bears: The Rs 38,000 crore battle for 5 popular bank stocks
Domestic mutual funds bought banking stocks worth Rs 38,000 crore in March, countering heavy FII selling of Rs 60,655 crore during the Iran war selloff.