Branch2 Intelligence
Extended Nifty consolidation may be setting up the next bull run: Edelweiss MF study
Key takeaway
Edelweiss MF study suggests current Nifty consolidation may precede a bull run, with large-caps attractively valued.
- Step 11st-order: Edelweiss MF study claims Nifty consolidation is a pre-bull-run phase, boosting investor sentiment.
- Step 22nd-order: Positive sentiment drives domestic equity inflows, lifting asset management fees and exchange volumes.
- Step 33rd-order: Stronger Indian markets improve economic outlook, benefiting UK SMEs with Indian subsidiaries or customers.
Source: IN:Economic Times
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