The 50 component index Nifty50, ended the week by closing near its upward-moving channel. The index closed at 23,465, after making a new all-time high on Friday. On the other hand, Bank Nifty is still somewhere in the middle of its upward channel, giving a close at 50,002.
Range-bound trend likely as investors shift focus beyond heavyweights: Narendra Solanki
Indian markets are stabilizing as earnings season unfolds. Early IT sector results have lowered expectations. The market is now shifting focus to broader sectors and