The recent breakdown point at 24,180 serves as an immediate resistance, followed by the 100-day exponential moving average around 24,350. According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, a relief rally is possible if the index holds above 23,800. However, weakness will persist as long as it stays below 24,350.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created