“The short-term trend of Nifty remains choppy. Some more consolidation movement or minor weakness is likely before showing a decisive upside breakout of the crucial overhead resistance around 19,850 levels in the short term. Immediate support is placed at 19,600 levels,” said Nagaraj Shetti of HDFC Securities.
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