Indian equity benchmarks closed higher on Wednesday, with broad-based buying lifting the market as investors assessed signs of a possible de-escalation in West Asia. 25.
89% higher, respectively. 29.
32%. 87% lower.
Market breadth on the NSE remained positive, with 2,344 stocks advancing against 1,232 declining, while 113 stocks remained unchanged.. What can trigger the next bull run?
Here are today’s top gainers on the NiftyAgenciesHere are today’s top gainers on the SensexAgenciesHere are today’s top losers on the NiftyAgenciesHere are today’s top losers on the SenseAgenciesTechnical ViewFrom the technical point of view, the 23,450–23,500 zone is likely to act as the immediate resistance for the Nifty 50, according to Ponmudi R, CEO of Enrich Money. A sustained move above 23,500, he believes, could strengthen the recovery and open the way toward 23,600, while failure to reclaim this zone could keep the index range-bound with a cautious bias."
On the downside, 23,300 remains the immediate support zone, while the next and stronger support is placed around 23,200. Momentum indicators suggest that selling pressure is gradually easing.”
Disclosure: This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication.
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