New Delhi, Nov. 10 -- The Indian stock market witnessed heightened volatility last week, with the benchmark Nifty 50 falling by almost a per cent for the week ended November 7, amid weak global cues, lack of fresh triggers and persisting uncertainty over a potential India-US trade deal.
This week, news on India-US trade talks, Q2 earnings, the trend of FIIs, and domestic inflation prints will be in focus. On the technical front, experts believe that the 25,600 level will determine whether the uptrend resumes or not.
According to Jigar S. Patel, Senior Manager of Equity Technical Research at Anand Rathi Share and Stock Brokers, the Nifty 50 has now retraced nearly 50 per cent of its prior up-move (24,600-26,100) and found support precise...
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