The Nifty closed 26 points lower on Budget day amid high volatility. Analysts see strong support at 23,300, with resistance at 23,500–23,600. A decisive breakout could push Nifty toward 24,000, while a drop below 23,280 may trigger panic.
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.
Iran’s currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington gears up for more sanctions.
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