Bulls regained control in the equity markets as the Sensex surged by 1,000 points and the Nifty climbed above 23,750 on November 19, driven by value-buying and strong performance in blue-chip stocks. Key factors included the markets being in oversold territory, with the Nifty"s relative strength index falling below 30, and a notable shift where Domestic Institutional Investors (DIIs) outpaced Foreign Institutional Investors (FIIs) in buying, indicating robust domestic support amidst foreign outflows.
