Nifty’s weekly chart shows a bearish reversal, with key support at 22,800 and resistance at 23,250. Analysts foresee further downside unless Nifty decisively moves above 23,300, confirming a potential trend reversal.
Japan’s Nikkei hits record high as chip-related shares jump
Japan’s Nikkei stock index reached a new record high today. Chip-related stocks drove the gains, overshadowing declines in financial and other sectors. This surge mirrors