Nifty’s trend remains weak, currently positioned near a critical support level on the weekly charts, suggesting a potential for an upside bounce from current or lower levels. A sustained close above 24,650-24,700 would confirm this upward move. However, if the index slides below 24,350, it could drop further to the 24,000 mark in the near term, according to Nagaraj Shetti of HDFC Securities.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this
August 14, 2026