However, we remain optimistic about the long-term outlook and believe that India is still in a bull market. We believe that India has entered a phase of multi-year capital expenditure cycle. Furthermore, the macroeconomic fundamentals are strong.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,