Geopolitical tensions in West Asia are expected to cause continued downward trends and sharp swings in Nifty this week. Analysts suggest Nifty could fall to the 22,500–22,400 zone if it remains below 23,000. Investors are advised to watch for key support levels around 21,900–21,700. Trading strategies and top stock picks for the week are also provided.
Lending rates fall some more, private banks lead push
Fresh rupee loan rates dipped in February, with private banks leading the decline. However, public sector banks increased their lending rates. The easing on outstanding