On weekly chart, the index has formed a bullish candle with a lower shadow indicating buying at lower levels and 18,000 acting as a good support. If Nifty crosses and sustains above 18,450, it would witness buying, taking the index towards 18,600-18,700. If it breaks below 18,200, it would witness selling, taking the index towards 18,000-17,800.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential