The Indian market ended higher on Friday, with the Sensex and Nifty supported by a firmer rupee and an improving global environment, as investors bet on further interest rate cuts by the US Federal Reserve early next year.The benchmark Sensex climbed 638 points or 0.75% to close at 85,567.48, while the Nifty 50 rose 206 […]
The near-term outlook for Nifty has turned cautiously positive, supported by improving technical signals, a recovery in the rupee and a resumption of buying by foreign investors. While resistance around 26,000 points remains crucial, a decisive breakout could pave the way for further upside potential, although periodic consolidations or volatility cannot be ruled out.RUCHIT JAIN […]