“Nifty IT is witnessing an outperformance, and this could witness further strength in the coming few sessions. After marking a high of 43,645 on September 17, Nifty IT entered a throwback phase. During the period of throwback, the index has taken support near its 100-day EMA level and resumed its northward journey. Interestingly, on a weekly scale, it has formed a Bullish Engulfing candlestick pattern, which is a bullish sign.”
AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap
Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.
June 28, 2026