Nifty rose 114 points and formed a bullish candle on the daily chart on Tuesday. The index may now find support at 21,950-22,000 and 21,700-800 levels. But, a failure to maintain levels above 22,200 might trigger selling pressure in the market.
Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation,
Cube Highways Trust is set to launch a substantial Initial Public Offering worth Rs 5,000 crore this month, intending to broaden its base of investors.
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