Nagaraj Shetti of HDFC Securities believes the Nifty’s short-term outlook remains positive, but with limited movement. The market is poised to test the resistance level of 24,960, established during the opening down gap on August 2nd. If successful, the Nifty could reach 25,100 within the next week. Immediate support is currently at 24,650.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongoing Iran-Israel/US