Traders are cautiously optimistic about November stock market performance, with historical data showing mixed results. While the Nifty and Nifty 500 have averaged gains in the past, recent rallies suggest a potential pause. Analysts anticipate a trading range with an upward bias, and a breakout above key levels could propel the Nifty to new record highs.
Why ADRs are prone to sudden price spikes? Feroze Azeez explains
Infosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and options trading mechanics. While the stock closed