Expert view, Oct. 20 -- Rahul Ghose, Founder and CEO of Octanom Tech and Hedged.in, sees a chance that the Nifty 50 will end the year in the red, with a better December than October. In an interview with Mint, Ghose said the market is oversold, so a sharp relief rally toward 23,800-24,200 is possible. Talking about foreign capital flows, he said FPIs will come back when the dollar and US yields peak, not before. Edited excerpts:

Getting back into the green would need a rally of about 15% in ten weeks. The Nifty ended 2025 at a solid close above 26,100 and stood at 22,888.95 on 19 October.

I wouldn't bet on that. The market is oversold, though, and sentiment is very washed out, so a sharp relief rally toward 23,800-24,200 is quite possib...