The fall in yields has been driven by rising hopes of an index inclusion, which could lead to around $30 billion in passive flows, and the recent drop in oil prices.
Nifty may hit 24,060 before recovery, IT breakout imminent: Geojit’s Anand James
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments