F&O Talk | What the current long-short ratio tells about FII positioning? Sudeep Shah on Ola, Newgen, 4 more top weekly movers
[hfe_template id='11223']
[ad_1]
Domestic benchmark indices recovered after a gap-down opening and ended on a firm footing. IT stocks emerged as key drags in a volatile trading session, though broad-based buying across sectors kept the markets resilient. The Nifty climbed 116.90 points, or 0.46%, to settle at 25,571.25, while the BSE Sensex advanced 316.57 points, or 0.38%, to end at 82,814.71. In light of the US Supreme Court's Friday decision to rule Trump's tariffs as illegal, sentiments are likely to remain positive, but higher volatility cannot be ruled out. Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and Bank Nifty, as well as an index strategy for the upcoming week. The following are the edited excerpts from his chat: Q: Nifty managed to end the week with gains of 0.4% but failing to cross the 25,600 mark. What do Nifty charts suggest f...