Sensex erased all gains it made in the 2024 calendar year and fell below the 70,500 threshold after the polls, indicating that the BJP may not win as many seats as the market expected.
Following an eight-week losing streak in the Nifty, its first such run since 2001, domestic brokerage PL Capital remains cautious on the near-term market outlook.
SBI Securities’ Sudeep Shah sees scope for Nifty’s recovery if it holds 22,750, with IT, private banks and media leading. He flags key resistance levels,
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