Nifty is up 10 percent this FY in 8 months. How much more should it go? In a year we can expect 12 to 15 percent. So these side ways movements are required. After it’s done, we will go to 30k in Fy27.
But if you expect directional move, it won’t happen.
This is my opinion on nifty.
About FIIs. For now they are selling. Even after so much selling we aren’t falling. So imagine if and when they come back. We will have straight 1500 points rally in one month.
About inr. There are multiple reasons for falling rupee and yes FIIs don’t like it. Everything has a limit. It will reverse soon. Now soon can be a year. Or soon can be as soon as Zerodha gets new features.