Nifty’s daily chart on Tuesday formed a long bear candle, wiping out most of Friday’s gains. This market action signals a lack of strength to sustain the upward bounce. Nifty’s higher tops and bottoms pattern remains intact, with crucial support at 24,200-24,000; holding above this level could trigger an upside bounce.
Delayed monsoon may weigh on auto demand, but long-term outlook stays strong: Aditya Shah
A delayed monsoon poses a temporary challenge to rural auto demand, particularly for tractors and two-wheelers, but the sector’s long-term outlook remains robust. Experts highlight