Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBI’s shift to calibrated tightening continue to cloud the market outlook.
Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally. However, persistent FII selling, elevated US bond yields, crude oil prices and the RBI’s shift to calibrated tightening continue to cloud the market outlook.
<iframe src="https://hindustansphere.com/embed/cluster/2f1daaa3ed8cdc16982c1ffaa8ca505350833c17" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?"></iframe>
