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.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian