If the Nifty 50 closes and sustains above this level, a rise to 25,600 can be anticipated. Until then, rangebound trading with support at 25,300 may persist, according to experts.
Alpha indicates how fund generated additional returns compared to a benchmark. . Let’s say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten ...