Indian equity indices closed the last week on a subdued note, ending with modest losses amid heightened volatility. Currently, the Nifty and Sensex are at 22,828 and 75,157 levels. Technically, analysts say the Nifty witnessed a smart rebound after breaching its March lows and is now testing its 20-day exponential moving average (DEMA) around the 22,900 mark.In this setup, here are 5 technical insights to trade Nifty and Bank Nifty in the current week
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased