Market PrabhatNifty Reclaims 25,200: From Defensive to Risk-On Before the Fed
Indian markets delivered a decisive breakout yesterday, with the Nifty 50 reclaiming 25,200 for the first time since August 23. The bulls shrugged off early weakness in GIFT Nifty futures and drove a broad-based rally that validated our morning thesis of sector rotation into cyclicals.
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