Positive chart patterns like higher tops and bottoms were intact on the daily chart and present weakness could be in line with new higher bottom formation at the highs, analysts said. On a move below 19,300, the market is likely to find another important support of 19,100-19,000 levels. Fresh buying interest could only emerge on a decisive move above 19500 levels, said Nagaraj Shetti of HDFC Securities
RBI likely to hold rates in October, easing expected by year-end: Radhika Rao
We should also keep an eye on the commodity space, particularly minerals and metals that India imports. Price fluctuations in these areas could affect our
October 1, 2024