On daily charts, we can observe that the Nifty is unable to sustain at higher levels. The key hourly moving averages placed in the zone 19,590– 19,640 is acting as a stiff resistance and until the Nifty does not manage to close above this resistance zone we can expect the weakness to continue.
Urban-rural consumption gap closes further in 2023-24
Consumption inequality between rural and urban India decreased in 2023-24, with notable increases in Monthly Per Capita Consumption Expenditure (MPCE) in both areas. Non-food items
December 28, 2024