The Nifty has broken out of a five-week consolidation, signaling a resumption of its uptrend and is expected to rally towards 26,800 in January. Analysts suggest buying on dips as long as the index holds above key support levels, with positive momentum indicators supporting the bullish outlook.
NSE to debut in test of India investor faith in long-term growth
The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite robust interest