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Bears tighten grip on D-Street as GIFT Nifty hints at weak start
The Nifty fifty closed marginally lower at 23,618 on Tuesday, with broader markets outperforming. Analysts anticipate a sideways to under pressure market in the near term due to a weak Indian rupee and elevated crude oil prices, despite FIIs turning net buyers.
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economictimes.indiatimes.com
Ahead of Market: 10 things that will decide D-Street action on Monday
Nifty broke below its 23,800–24,500 consolidation range, signalling near-term weakness, with resistance now seen at 23,800–24,000 and key support at 23,150, according to analysts.…
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Bears tighten grip as GIFT Nifty hints at a weak start for D-St
Benchmark indices ended negatively on Friday amidst volatility, with Nifty forming a bearish weekly pattern. Analysts suggest a failure to surpass 23,800-24,000 could lead to…
