Indian equities closed on a weak note on Monday, ending at 19,672, down 73 points, due to setbacks faced in the IT and FMCG sectors, high input costs, weak demand and mixed banks. Analysts predict an immediate downside support for the Nifty at 19,500-19,400. Political gridlock in Spain
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to