Latest Updates Around The World
The markets showed a strong undertone in the truncated trade week when they finished in a positive tone after breaking a loss of six weeks. Nifty remained within a relatively narrow range, oscillating between 24,347 and 24,702, with a weekly trading range of only 355 points. Despite a short week because of the Independence Day […]
Nifty has fallen five consecutive weeks and can also remain under pressure this week. The index stands for immediate resistance in 24,800-25,000 zone, with support at 24,500. A break below this level can cause a deeper sale. Healthcare, cement and FMCG sectors can show relative strength, while caution is advised in IT and Metal supplies. […]
The Nifty closed on Friday below 25,000 level after almost 1%falling, and this weakness is likely to continue in the short term, analysts said. Although the levels of around 24,500 are expected to work as important support for the benchmark, the resistance is probably around a 25,200-25,500 zone. VIX levels can also see an increase, […]
