Jatin Gedia of Sharekhan observes that the Nifty, after a drop from 25,100 to 23,900, is currently in recovery mode. He predicts a potential rally towards 24,520-24,651, aligning with the 50% and 61.82% Fibonacci retracement levels. The immediate support level is anticipated at 24,200-24,150, coinciding with the 40-day moving average
India’s free trade pacts not paused, all talks progressing as per schedule: Official
India is proceeding with its free trade agreement negotiations with various countries and blocs, including the UK and the EU, according to a government official.
November 17, 2024