Will Indian investors ‘sell in May & go away’? Here are the deciding factors
Indian markets closed on a strong note in April with the Nifty50 reclaiming the 17,900 levels. Founder and CEO of Alice Blue, Sidhavelayutham, stated that the momentum remains strong for banks and real estate, while suggesting that investors buy on dips as long as global cues remain optimistic. The Bank Nifty added 2,770 points, while the Nifty50 added 963 points in April, backed by FII buying in their favourite counters
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