“This indicates the possible completion of a recent downward correction in the market. The positive sequence of higher tops and bottoms is intact, and Wednesday’s low of 16,438 could now be considered as a new higher bottom of the sequence. Now, one may expect the Nifty50 to move up and challenge the recent higher top of 16,752 shortly,” Shetti said.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,
December 8, 2025