Nagaraj Shetti of HDFC Securities noted that the market has reached an overhead resistance at around 23,300-23,400 levels, suggesting a potential minor dip in the short term, which could present a buying opportunity. He identified immediate support at the 22,900 level.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
December 8, 2025