Indian stock markets concluded the week with modest gains, as Sensex and Nifty erased earlier surges on monthly expiry day. Analysts observe Nifty's consolidation, with key support at 23,750-23,800 and resistance at 24,250-24,300. Bank Nifty shows outperformance, eyeing 58,800 for further upside. Derivatives data suggests improving sentiment, with FIIs reducing bearish bets. Sectors like Private Banks, Auto, and Pharma appear strong.
Indian markets ended the week with modest gains as Nifty consolidated, finding support at 23,750-23,800 and resistance at 24,250-24,300. Bank Nifty showed strong outperformance, targeting 58,800. Improving sentiment is evident with FIIs reducing their bearish positions, while…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.