Has the Indian stock market bottomed out after reaching six-month low or more downside left? What experts suggest
On October 5, the Nifty 50 rose 0.60% to 22,555.75, ending an eight-week decline amid easing US monetary tightening and lower crude prices. Experts are divided on whether this rebound signals a sustained recovery or a temporary bounce, citing risks from high crude prices and US bond yields. Investors should watch for the Nifty 50 to surpass 22,800 for confirmation of a broader recovery.