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Nifty at 21,000 by Diwali? It's possible, say technical analysts

Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period

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4 min read Last Updated : Sep 12 2023 | 10:22 PM IST

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The Nifty 50 index hit the 20,000-mark milestone in intra-day deals on Monday, and is on track to hit 21,000 levels in the next two months (by Diwali) – an upside of 5 per cent from the current levels, suggest technical analysts. However, there can be intermittent corrections on the way, which analysts suggest can be used to buy stocks.

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“The last few days are testimony to the undertone of this bull-market. The good thing is there is new leadership from stocks of information

Topics : Nifty50 Nifty 50 Markets Sensex Nifty NSE NSE Indices BSE NSE Markets Indian markets stock market rally stock market bulls Diwali FII flows DII Retail investors

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