The Nifty ended the week with modest gains as the index defended the crucial 23,800–24,000 support zone, keeping the broader technical structure positive. Analysts expect the next move to hinge on the 24,500 resistance level, where the 100-week moving average could pose a hurdle. A breakout above this zone may revive stronger upside momentum, while support remains intact.
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The
September 18, 2026