Nifty closed lower amid global uncertainty, though technical indicators signal resilience with a bullish counterattack pattern and higher low formation. Analysts see near-term upside intact. Brokerages recommend select stocks, including MCX, Sona BLW Precision, Adani Energy Solutions and Olectra Greentech, citing bullish setups and improving momentum across charts.
Experts advise caution as CAS fuels arbitrage fund NAV volatility
Arbitrage fund net asset values saw a significant daily surge after the NSE introduced a closing auction session. Fund managers noted these movements were valuation