Markets rebounded strongly, with the Nifty closing up 1.16%. GODFREYPHLP shows a significant base formation and potential trend reversal, indicated by bullish technical parameters. The stock is poised for an upward move, with an expected target of Rs. 2,300.
FPIs’ outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows