MITHILA — Indian equity benchmarks, the Sensex and Nifty, rebounded on Friday following two consecutive sessions of losses. The market turnaround was primarily driven by strong buying interest and robust gains in heavyweight information technology stocks, which lifted both key indices ahead of the weekend.
Market analysts anticipate range-bound trading for equities in the upcoming sessions as investors contend with mixed global cues and prevailing geopolitical tensions. These external factors are expected to play a central role in guiding market direction as trading resumes on Monday.
On the technical front, analysts point out that the benchmark Nifty faces immediate resistance near the 24,200 level. Conversely, crucial downside support for the index is identified around the 23,900 mark, outlining the core boundaries that will define market action.
Verified by the Mithila live 24 news desk. Fact-check confidence: 100%.
Written by the Mithila live 24 news desk from reporting by News wire.
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