Persistent FPI inflows have supported the rally in the blue-chip Nifty 50 and S&P BSE Sensex, driving the benchmarks to record highs. The Nifty 50 rose nearly 2% in the first half of July.
The formation of a third consecutive long bull candle on the weekly chart indicates a bullish “three advancing soldiers” pattern, signaling the continuation of the
Sensex and Nifty fell into the red on Friday, ending their seven-day winning streak, despite gains in some financial stocks.
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