Fastest rebound since 2003 invites skepticism for Indian stocks - Economic Times


8/22/2022 12:00:00 AM2 years 8 months ago
by Bloomberg

The NSE Nifty 50 Index has surged more than 14% from a mid-June low as overseas investors turned buyers after months of withdrawals. That drove the benchmark from levels described by traders as oversold to strongly overbought territory in just 39 sessions, th…

The fastest rebound in Indian stocks in nearly two decades has some investors wondering whether the foreign-buying powered momentum can continue amid global volatility. The NSE Nifty 50 Index has su… [+1418 chars]

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