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An analyst appearing on the financial news made the following statement: Since the recent run-up in the NIFTY has been accompanied by weak internals, I

An analyst appearing on the financial news made the following statement: Since the recent run-up in the NIFTY has been accompanied by weak internals, I do not have much confidence that the uptrend in the NIFTY will continue much longer. Explain what the analyst means by weak internals. What types of statistics has the analyst been looking at to determine that the market internals were weak? 3 marks

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