Indian equities faltered on Friday, ending a five-day rally as IT stocks plunged and global cues weakened. The Sensex and Nifty saw significant dips. Analyst Sudeep Shah discussed Nifty's indecisive weekly chart, Bank Nifty's strength, and cautioned on IT sector weakness. He highlighted short-covering by FIIs and offered strategies for specific stocks like Infosys and IFCI, while also pointing to promising counters for the upcoming week.
Indian equities faltered on Friday, ending a five-day rally, primarily due to plunging IT stocks and weaker global cues, with Sensex and Nifty dipping. Analyst Sudeep Shah noted Nifty's indecisiveness but highlighted Bank Nifty's strength. He also suggested promising…
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