The 24,500 level serves as a key resistance, and a sustained breakout above it could lead to further gains. Amid current volatility, traders are encouraged to adopt a buy-on-dips approach, provided the index stays above 24,000, according to Hardik Matalia, Derivative Analyst at Choice Broking.
Accenture guidance spooks D-Street, investors trim IT bets
Accenture’s lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are concerned about subdued discretionary