The Indian stock market opened on a positive note today, driven by a strong recovery in the US markets and speculation of a Federal Reserve rate cut. Will the RBI follow suit? 📉📈
👉 Key Highlights:
✔️ Nifty Update – Opened near 23,800, saw consolidation, & key support at 23,650
✔️ Bank Nifty Levels – Needs to hold 50,000 for upside moves
✔️ FII/DII Activity – FIIs sold ₹1,683 Cr, DIIs bought ₹996 Cr
✔️ Options Data – Immediate range: 23,500 - 24,000
✔️ Top Stocks to Watch: ✅ Angel One, MCX, HDFC Bank, Biocon ❌ Asian Paints, ITC, Nestle
📊 Trading Strategy: Nifty must stay above 23,650 to push toward 24,000, while Bank Nifty targets 50,500+ if support holds.
💡 Stay ahead in the markets! Follow this podcast for daily market insights and expert analysis.