Market outlook: Select defensive pockets to outperform next week, cautiously positive approach advised

October 9, 2022

The week before the previous week had seen Nifty bouncing off from the 20-week MA which stands at 16,854. It had halted its move near the 50-week MA. This week, it moved above that level as well. The 50-week MA positions itself at 17,084.

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