Indian stock indices climbed for the third consecutive session on Thursday, buoyed by the US Federal Reserve’s expected interest rate cut. The NSE Nifty and BSE Sensex both closed 0.4% higher, while the India Volatility Index hit a record low. Foreign and domestic portfolio investors were net buyers, contributing to the positive market sentiment.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to