Is the Nifty 50 Ready for Its RCB Moment?
After an arduous 18-year wait, Virat Kohli and Royal Challengers Bangalore (RCB) finally claimed their maiden IPL Championship Trophy. This hard-earned victory marked the end of a long period of struggle, offering a powerful reminder of the value of patience and perseverance. Similarly, the Nifty 50 index has been trapped in a consolidation phase since May 15, reflecting its own stretch of stagnation. But just as RCB broke free after nearly two decades of challenges, the question now arises: will the Nifty 50 breakout, heralding the start of a fresh rally?