Nifty closed below key support at 23,500, signaling further downside risk. Analysts highlight bearish momentum, with potential declines toward 23,260 or lower. Immediate resistance lies at 23,550–23,600, while sentiment remains subdued.
The Indian market is expected to consolidate on Friday, influenced by muted global cues. Nifty futures closed with modest gains, while India VIX fell. Experts
Markets have seen a significant recovery, driven by a reduction in interest rates and expected earnings growth. Domestic-focused companies, particularly in financial and engineering sectors,
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