The Indian market is predicted to rise, fueled by positive domestic signals and increased optimism in the options market. Traders are showing bullish sentiment with significant put-writing activity. The Nifty50 could reach 24,500 if it breaks through the 24,000 resistance level.
Forex reserves jump to 2-month high with a $5-b weekly rise
India’s foreign exchange reserves surged to a two-month high of $640.5 billion as of February 21, with an increase of nearly $5 billion in a
March 1, 2025