What will it take for Nifty to break out from prolonged range-bound trade since before Budget 2023?

Benchmark share market index NSE Nifty 50 has been trading range-bound for several weeks with no clear directional momentum. In the first week of February, Nifty closed higher by a mere 0.01%. The lack of movement can be attributed to various factors, including concerns over rising inflation, various ongoing geo-political crises, and global market volatility. […]

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