As of now, the next support for index goes at 50-day exponential moving average and that comes near slightly below to 22,500 zone and then major support goes at 22,222 which was the earlier important level which supported the market to get the breakout.
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India
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