With equity markets witnessing record foreign inflows and US dollar expected to remain weak, buy-the-dip is the mantra being advised by experts. On Wednesday, the benchmark indices dropped 1.5 per cent—their biggest single-day decline since October 15.
The decline was immediately bought into, helping the benchmark indices rebound in Thursday’s trade. Technical analysts believe the markets remain in bullish grip and are poised to make fresh highs. “Sentiment going into December series is quite bullish. November has seen a record inflow of $7.5 billion from ...
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