Any throwbacks toward 17,800-17,900 levels could present better re-entry opportunities and improved risk-reward setups. At the same time, only a follow-through above the resistance can take the index toward all-time highs. Bank Nifty is near its lifetime highs and might face psychological resistance at the 44,000 mark. We are in a secular uptrend, and any dips can be used as incremental buying opportunities.
MCX shares rise 4%, hit lifetime high on Sebi’s nod for launch of electricity derivatives
MCX has received Sebi approval to launch electricity derivatives, marking a historic first for India. The move is expected to deepen energy markets, help manage
June 9, 2025