Nifty’s short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest a sustained move above resistance could drive Nifty higher, with volatility expected in the near term.
Short-duration and accrual strategies better positioned amid abundant liquidity, says Devang Shah of Axis MF
Devang Shah of Axis Mutual Fund suggests short-duration strategies for better yields. A recent rating upgrade offers a slight boost, but won’t drastically change corporate
August 21, 2025