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
Market Wrap: Consumer stocks drag D-Street lower; Sensex sheds 312 pts, Nifty below 23,700
Indian benchmarks indices ended lower on Wednesday, as advances in heavyweight financials and oil and gas firms were offset by losses in consumer stocks. Investors
February 5, 2025