Political parties in India showcase their unity and strength in a powerful display in Mumbai.
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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. However, despite this, experts believe that the Indian market will exhibit strength during this period.
Nifty ended about 34 points higher, finding support above the 21-EMA and prompting a strong recovery. The momentum indicator suggests ongoing strength. Traders should pay attention to the bullish trend as long as it remains consistently above 21,350. Read more to know what traders should do on Wednesday.
