Yes, the bullish view should be there and yesterday’s low of 41,800 in the Nifty IT index is a strong support and I feel that that will not break and this is a short-term bottom for the index.
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to
Benchmark indices Sensex and Nifty 50 fell by 2.6% each due to a global sell-off triggered by U.S. tariff actions. IT stocks suffered the most,
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