Technical Analysis
SPOT NIFTY : The NSE benchmark index, Nifty, witnessed substantial double-digit gains since the last Diwali. Samvat 2079 displayed relatively low volatility, providing favourable trading opportunities with the Nifty reaching new lifetime highs three times. However, as we step into Samvat 2080, the equity markets face challenges. Event risks, such as general elections and global economic conditions, loom on the horizon. Election years tend to be subdued, with market sentiment reacting early to potential outcomes, shaping the trajectory two months before the new government formation.