“If this observation holds true, sooner than later, a downswing should unfold, with eventual targets present below 17,166 level, though confirmations are awaited in this regard. Nevertheless, to regain the upper hand, the bulls initially need a close above 17,992 levels and ultimately beyond 18,114 levels to decisively catapult the medium-term trend in their favour,” he said.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,
April 30, 2026