The Nifty has declined nearly 3% in the past month – and 4.6% in the past week. The Nifty Midcap 100 and Nifty Smallcap 100 indices have plunged more than 5% in a week after foreign portfolio investors sold shares worth ₹16,000 crore since the latest increase in interest rates by the US Federal Reserve.
No significant poll impact on equity mkts; Nifty to hit 30K by 2027: FidelFolio
According to the equity advisory firm, apart from a few exceptions the Nifty indices have often demonstrated an upward trajectory around elections. Despite the difficulties