While Nifty took 10 trading sessions to swing from the lower Bollinger band to the middle band, it took just 3 sessions to travel the upper half. This suggests that the uptrend is gaining momentum, encouraging us to believe that, despite the pace of upsides, there is more to come.
India’s Investor Boom: A year of record growth in financial participation
India’s investor base expanded by 23.1% over the past year, reaching 1,127 lakh. Bihar and Uttar Pradesh led with 32.7% and 29.4% growth, respectively. Major