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.
Tech view: Nifty forms Doji candle; a break below 23,500 likely to push index lower. How to trade on Monday
The 23,500-23,540 range serves as an immediate support zone for the index. A decisive break below 23,500 could lead to a further drop to the
November 14, 2024