Nifty marked its fifth consecutive session gain, propelled by IT stocks, with analysts predicting a positive near-term outlook due to government support and increased consumption. Technically, Nifty is a ‘buy on dips’ above 24,800, targeting 25,250 and potentially 25,500. The rupee strengthened, while FIIs were net sellers and DIIs were net buyers.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets