31st July 2022
The July 2022 series, as predicted, ended on a high note, delivering 8.75% positive returns as far as NIFTY is concerned, (closing of 15780 on 30 June 2022 to closing of 17158.25 on 29 July 2022) Many thanks to the domestic investors who stood firm against the FII selling (who turned net buyers in the last couple of days of July) There was some other positive news as well that helped the index pos heavy gains, especially the Fed commentary (which hiked the rate by 75 basis points to curb
