Hrishikesh Yedve of Asit C. Mehta Investment Intermediates suggested that as long as Nifty stays above 22,980, a short-term pullback towards 23,300-23,400 is possible. However, falling below 22,980 could trigger weakness towards 22,800. The 250-DSMA at 23,600 is a key resistance level. He advised adopting a sell-on-rise strategy for the index.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk
October 23, 2026