As per Technical NIFTY 50 forms Bullish Cup & Handle Pattern in weekly chart. By June 2024 it may achieve its 21000 milestone.
Fundamentals looks good when compare with other countries like US,China etc...India's GDP may grow at a good pace even 2 times higher than US and other nations. Due to elections retail investors will panic but FII will soon be a buyers in next 1 year. India looks stable in Economic Data.In Geopolitics India play soft power role and utilizing the opportunity like russian oil, defence exports, Indian currency transactions in 18+ nations for foreign exchange.
Fundamentals looks good when compare with other countries like US,China etc...India's GDP may grow at a good pace even 2 times higher than US and other nations. Due to elections retail investors will panic but FII will soon be a buyers in next 1 year. India looks stable in Economic Data.In Geopolitics India play soft power role and utilizing the opportunity like russian oil, defence exports, Indian currency transactions in 18+ nations for foreign exchange.