Last month, the index found support around 21,780 levels, and the 100-Days exponential moving average (DEMA) is placed near 21,820. Therefore, on the downside, 21,780-21,820 will act as the next key support for the index.
Rupee to weaken further despite narrower current account deficit
The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements in the current account deficit,