The Nifty is expected to continue its bullish trend, potentially reaching all-time highs of 26,000-26,200 after breaking out of a consolidation phase. Analysts suggest a ‘buy-on-dips’ strategy, favoring sectors like banking, financials, and auto. Key support lies around 25,200, with potential resistance at 25,800, indicating a positive outlook for the market this week.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The