Neighbouring Andhra Pradesh recorded a single digit growth year-on-year in two of the four months this fiscal year, including July. In May, it managed to equal the national average growth rate of 11%. Out of four months, Kerala exceeded the national average in June and equalled it in May. In April and July, the coastal state fell below the national average, compared to the same period last year.
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
January 16, 2025