Any throwbacks toward 17,800-17,900 levels could present better re-entry opportunities and improved risk-reward setups. At the same time, only a follow-through above the resistance can take the index toward all-time highs. Bank Nifty is near its lifetime highs and might face psychological resistance at the 44,000 mark. We are in a secular uptrend, and any dips can be used as incremental buying opportunities.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month
December 10, 2025