Nifty opened higher but closed lower, forming a bearish belt hold pattern. The 21-day DEMA at 24,070 is immediate support, while 24,350 is resistance. The short-term trend is up, but a breakout above 24,350 is needed for further upside. Highest OI on the call side is at 24,200 and 24,250, and on the put side, it’s at 22,200 and 24,150.
Britannia Q1 Results: Profit rises 14% to Rs 591 crore, misses estimates as Iran war pushes costs higher
India’s Britannia Industries reported first-quarter profit below market expectations on Thursday, as higher expenses linked to the Middle East conflict overshadowed stronger demand for its