The index breached its important support levels, and pullback rallies should be utilized to initiate fresh short positions. The higher-end resistance is visible at the 39,500-40,000 zone, and the next support is seen at the 38,000 level.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month