Since June 2022 lows, Nifty has not corrected for more than three consecutive weeks in a row, followed by a new high in the following month. After the index formed a bullish piercing line candlestick on the weekly chart, technical analysts expect the rhythm to be maintained.
Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor