“If we draw a trendline connecting the October 2021 high and subsequent highs, the Nifty50 is now steadily approaching the resistance zone of 17,900-18,000. This is a make or a break range for the Nifty50. If the index fails to move beyond 18,000, we could see a serious decline coming in,” said independent analyst Manish Shah.
Oil little changed as traders assess supply risks
Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in