Tech view: Nifty formed a small red candle with a long upper shadow on the daily chart, signalling selling pressure at higher levels. The 21-Day Simple Moving Average (DSMA) at 23,270 creates a resistance zone between 23,270-23,300, while 22,780 serves as key support. Holding above 22,780, a buy-on-dips strategy remains favourable, said Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
IndusInd’s back in black for Q4 with Rs 594 cr profit; provisions, slippages fall
In a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was largely due