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.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds