The short-term trend for Nifty appears to have reversed from its all-time highs. According to daily and weekly chart patterns, there may be further weakness in the market ahead. Key support levels to monitor are around 24,200 and 24,000. Immediate resistance is at 24,850, according to Nagaraj Shetti of HDFC Securities
Sebi proposes CAS for derivative stocks to simplify pricing mechanism
Sebi has proposed introducing a closing auction session (CAS) to determine share prices, initially for derivative stocks, with plans to extend it to all stocks