The Nifty’s short-term trend remains weak, but a smart recovery near 23,500 levels suggests a potential upside bounce. A sustained move above 23,800 levels could confirm this recovery. Immediate support is seen at 23,496 levels, according to Nagaraj Shetti of HDFC Securities, indicating possible market strength if the resistance is surpassed.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is
May 25, 2026