Nifty and Sensex outlook shows potential for further decline
pre-market1 source ↓written by the desknot a recommendation
- Bank Index dropped
- 1.38%
- net inflow
- $402 million
The Nifty 50 and Sensex fell 0.88% and 0.54% respectively last week, while the Nifty Bank Index dropped 1.38%. Despite the ongoing downtrend, key support levels may provide a reversal opportunity. FPIs recorded a net inflow of $402 million, ending a three-week selling streak, but further buying is needed to stabilize indices.
Not investment advice. For informational purposes only.