A small bullish candle formed on the daily chart with a long upper shadow, indicating a lack of sustained upside momentum. The underlying trend remains choppy with a weak bias. Nifty is expected to bounce from near the lower range of 23,800, with immediate resistance at 24,300.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and