Indian equity indices closed lower on Friday due to Israel’s strikes on Iran, which raised concerns about oil supply disruptions and a wider Middle East conflict. Despite an initial sharp fall, the market recovered some losses, supported by underlying bullish sentiment. Both Nifty and Sensex declined, with investors closely watching key support levels for further market direction.
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SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive