AI Evaluation Notes

Following the prediction made on July 23, 2024, with an 'Immediate' timeframe, the Indian stock market indeed experienced significant profit booking. The Nifty 50 retreated from the 25,000 mark amid profit booking in early August 2024, and also snapped a 5-month rally, falling 2.9% in July 2024. This indicates that a substantial amount of profit booking occurred as predicted.