The RBI Tuesday conducted a three-day variable rate repo auction for Rs 50,000 crore, a move which infused short-term liquidity into the banking system for which banks are charged a rate of 5.14 percent.
Tech View: Nifty forms bullish reversal pattern. What traders should do next week
The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. On the higher end, the 20-DEMA placed at 22,300,