New Delhi, Nov. 17 -- Market benchmarks the Sensex and the Nifty 50 clocked a healthy gain of 1.6 per cent for the week ended November 14, driven by hopes of an India-US trade deal amid better-than-expected Q2 results of Indian corporates.
The Nifty 50 is now inching closer to the 26,000 mark, and experts believe positive global triggers may drive it to record highs as domestic growth-inflation dynamics remain a key support.
On the technical front, experts expect the index to stay in the positive territory, potentially eyeing the levels near 26,500.
Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, pointed out that the Nifty 50 respected the key support around 25,300 last week. This is ...
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