The Nifty index formed a bearish engulfing pattern, signaling potential bearish momentum below the 23,000 support level. Resistance lies at 23,300–23,500, requiring a breakout to confirm bullish reversal amid volatile conditions.
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL
Indian markets rebounded on Wednesday after a two-day decline. The BSE Sensex gained 450 points, while Nifty50 closed above 23,200. FMCG, consumer durables, and realty
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