The recent Nifty 50 downturn has raised concerns. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, the current decline below the 100-day moving average raises questions about a deeper trend. An analysis of past occurrences reveals an optimistic outlook. When the market has corrected by 5% or more over four consecutive weeks, the Nifty has shown strong forward returns over the subsequent months.
Sebi sees no manipulation in new CAS despite participation concerns
The Securities and Exchange Board of India has confirmed that no manipulation exists within the newly established closing auction system. This session, which establishes closing
August 12, 2026