Indian Market Expected to Show Strength Despite FIIs Being on Holiday Mode

Indian Market Expected to Show Strength Despite FIIs Being on Holiday Mode

The last week of 2023 is anticipated to be sluggish as many foreign institutional investors (FIIs) are in holiday mode to celebrate Christmas and New Year, says Kunal Shah, senior technical & derivative analyst at LKP Securities. Despite this, experts believe that the Indian market will exhibit strength during this period. While FIIs may be on holiday, there are several other factors that are expected to contribute to the market’s resilience. Traders are advised to remain cautious and take advantage of any opportunities that may arise.

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