According to the technical analyst, traders must adopt 'sell-on-rise' strategy for Nifty Pharma, Nifty Energy, and Nifty Midcap 100 indices
The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart
Average AUM rises 2%, against a 20% increase in full-year FY22
Out of the 100 stocks in the Nifty Mid-cap 100 index, only 12 are trading in the overbought category of Relative Strength Index
Retail buyers push Nifty Smallcap up 8% in August; mid-caps jump 6% against a 2% rise in large-caps
Investors are increasingly getting risk averse preferring larger companies to ride out the volatility
Bajaj Finserv, GSFC, Balkrishna Inds, Finolex Inds, Minda Inds and Tata Metaliks hits new high.