Economic TimesLean R·
Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?
The Nifty rebounded around 1% on Monday after its longest weekly losing streak in 25 years, while the Sensex gained as much as 700 points. However, after an 8-week slide that erased about 8.7%, investors remain unsure whether the gains mark a durable bottom or merely a temporary relief rally before another leg lower.
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