The shift was largely because of two reasons. First, some of the small and mid-sized players, especially in the unorganised sector, shut down due to the lack of adequate liquidity to sustain operations. Two: there was a heightened need among consumers to prefer trusted, well-known brands and companies.
F&O Talk: 23,270 is a key Nifty hurdle; Sudeep Shah picks 5 stocks, discusses PB Fintech, Turtlemint strategy
Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 as key resistance and 23,000 as options-based