“Nifty is likely to consolidate in the range of 19300 – 19570 and until this range is decisively breached on either side we can expect the sideways price action to continue. Overall, the trend is positive, and Nifty is undergoing time-wise correction. The crucial support zone stands at 19360 – 19320 while the resistance zone is placed at 19550 – 19570,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas
RBI steps keep average call rates in check
The Reserve Bank of India has been managing surplus liquidity in the banking system. The goal is to align the weighted average call rate with
November 6, 2024