Indian markets closed lower on Thursday amid weak global cues and trade war concerns. Analysts see resilience despite US recession fears. US and European markets rebounded after volatility. Nifty remains in a consolidation phase, with key resistance at 22,550. MRPL, ITI Ltd, and Data Patterns saw strong buying, while KEC International and Zee faced selling pressure.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is