Analysts believe that the impressive rally in the secondary market has helped boost sentiment of the IPO market. Against a backdrop of global uncertainty and volatility the Indian stock market has come through as domestic indices, BSE Sensex and Nifty50, have jumped 8.76% and 8.55% year-to-date (YTD), respectively.
Tech View: Nifty’s near-term trend weak; breakout above 23,350 may trigger upside bounce. How to trade on Thursday
The Nifty’s near-term trend remains weak, with the lower tops and bottoms pattern intact. The current pullback aligns with a potential new lower top, pending