Key strength ratio signals bullish momentum for Indian markets

Investor confidence is growing, as indicated by the advance-decline ratio for BSE-listed stocks remaining above one for the fourth consecutive month in June. This bullish momentum, coupled with a revival in the IPO market and broad-based buying, is expected to drive the markets to new peaks. Analysts predict Nifty could reach 26,400 initially and potentially 28,380 by December.

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