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Investors Cheer as FII Inflows Surge in India!

Investors Cheer as FII Inflows Surge in India!

Foreign Institutional Investors (FIIs) continue to show confidence in the Indian market, with an impressive inflow of ₹8,250 crores over the last seven days. Meanwhile, easing tensions in the US-China trade war and India's potential trade deal with the US add to the positive sentiment. Om Mehra, a technical analyst, believes that the Bank Nifty Index remains on an upward trend, suggesting a healthy consolidation ahead. Key support levels are at 54,200 and 53,500, while resistance is at 55,400. Investors should stay cautious due to possible market volatility from geopolitical factors.

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