Positive chart pattern like higher tops and bottoms is intact. The underlying trend of Nifty remains positive. The market is racing towards the next upside target of 24,400 levels in the near term. Immediate support is placed at 23,980 levels, said Nagaraj Shetti of HDFC Securities.
Oil prices gain as US inventory withdrawals point to strong demand
Oil prices experienced a slight increase due to a larger-than-expected decline in U.S. crude oil and fuel inventories, signaling strong demand. Despite this positive sentiment,