The 24,500 level serves as a key resistance, and a sustained breakout above it could lead to further gains. Amid current volatility, traders are encouraged to adopt a buy-on-dips approach, provided the index stays above 24,000, according to Hardik Matalia, Derivative Analyst at Choice Broking.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The