
Nifty Rises in March: What’s Next for Investors?
The Nifty index wrapped up the March series on a high, rising 4.64%, signaling a shift towards bullish market momentum. However, there was a significant drop in futures rollovers, indicating traders are cautious about holding positions. As April begins, open interest has declined, suggesting short-selling is decreasing, which could lead to further market optimism despite potential volatility from upcoming events. Foreign portfolio investors (FPIs) have been active, unwinding short positions and adding new ones, boosting market confidence. With key resistance at 24,000, traders are advised to buy on dips while keeping an eye on market levels for future movements.