The positional trend and the overall trend has been down, but we need to see whether this 23,500 is holding on closing basis or not because the FIIs long to short ratio has reached to the oversold territory in the index future.
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare losses
S&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged following geopolitical tensions and a