According to the bank website, the one-year MCLR which is the key barometer for most loans has been hiked to 9.05% from the earlier 8.95%.
Tech view: Lack of strength limits Nifty’s breakout potential, key support at 23,150. How to trade on Friday
Nifty’s short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest