As of now, the next support for index goes at 50-day exponential moving average and that comes near slightly below to 22,500 zone and then major support goes at 22,222 which was the earlier important level which supported the market to get the breakout.
The only thing is that one is not really sure whether you will see some big companies getting into this, something like a Bharti or
Gautam Trivedi of Nepean Capital discusses the recent market correction, attributing it to necessary adjustments and highlighting value in power, real estate, and travel sectors.
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