A chart is displayed on a computer sceen on the floor of the New York Stock Exchange in New York. (Photographer: Daniel Acker/Bloomberg)
Indian equity markets rose in six of the last eight months. But that masks the volatility as the Nifty 50 index first tumbled in its worst selloff in more than a decade because of the pandemic in March, before wiping out all the losses in the next eight months to hit a new record high.CK Narayan, founder of Chart Advise, however, sees the upside for Nifty 50 capped at 13,270 points.