I mean, alternately if we break the current range, then even the Bank Nifty would go into a free fall and then retest the 50,000 marks, so that is the risk but again there is some short-term oversold reading that should give us some kind of a relief in the next couple of days is what I am thinking.
Peter Lynch does not like the AI trade; here’s why he says ‘Know what you own’
Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit