According to Chandan Taparia of Motilal Oswal, the Nifty needs to stay above 24,700 to keep pushing towards the 25,000 and 25,100 levels. If it drops, there’s support at 24,700 and then again at 24,550.
Rupee rises for a 3rd day as crude falls
The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil prices following a