On Wednesday, Nifty formed a small red candle near the 100-Day Exponential Moving Average (DEMA), indicating strong resistance around 24,470-24,500. If the index holds above 24,500, it could extend gains toward the 24,600–24,700 range, with key support at 24,070.
Mutual funds will now have to deploy NFO proceeds within 30 days, says Sebi
The Investment Committee may extend the timeline by 30 business days, providing recommendations to ensure timely deployment and ongoing monitoring. Upon receiving reasons for delays,
October 30, 2024