The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,838 level, a premium of nearly 53 points from the Nifty futures’ previous ...
If the Nifty 50 holds this level, the 23,300-23,400 range could be a possible zone to watch on the higher side. However, falling decisively below this level could open doors for 22,800 and 22,600 ...
The Nifty Bank index on the other hand has broken its sideways range on the downside. We had expected the range to hold and the Nifty Bank index to bounce back. That view has gone wrong.
(Image: Freepik) The Nifty Bank Index has been in focus lately, after it slipped to a six-week low. The index today, January 7, managed to bounce back slightly, trading at 50,342.95, up by 0.84% ...