The near-term trend of Nifty continues to be positive. Having placed at the crucial overhead resistance around 19,550-19,600 levels, there is a possibility of some more consolidation or minor weakness in the short term before showing any decisive upside breakout of the resistance. Further weakness from here could find support around 19,300-19,250 levels, said Nagaraj Shetti of HDFC Securities.
Govt prioritising lower denomination notes and digital transactions: Sitharaman
Union Finance Minister Nirmala Sitharaman emphasized the government’s focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly