Volumes on the NSE were the lowest since September 12. Technically, the Nifty has formed a lower top formation on daily charts and a long bearish candle on daily charts, which is broadly negative. 17,166 is the next support for the Nifty post, which a sharper fall could ensue.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and