Nifty formed a small positive candle on the daily chart, indicating a bullish counterattack after a false downside breakout. Technicals suggest a range-bound movement between 23,500-24,000, with potential upside toward 24,000, supported by open interest trends.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and