Nifty above 24K; IT still in woods: Akshay Bhagwat
Synopsis The Nifty has crossed the 24,000 mark, with analysts seeing potential for a move towards 24,600. Support is seen around 23,800, making dips attractive
Synopsis The Nifty has crossed the 24,000 mark, with analysts seeing potential for a move towards 24,600. Support is seen around 23,800, making dips attractive for buyers. However, the IT sector continues to face selling pressure, with a neutral to bearish outlook. Investors are advised to watch for buying opportunities in the broader market and sell rallies in IT stocks.
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