Operation Sindoor may trigger market volatility; key Sensex support here

Quick Summary:

The Nifty has near-support at 24,200, below which the key support will be the 200-DMA at 24,050 levels, shows the technical chart.

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As per the retracement theory, a 38.2 per cent retracement of the recent rally indicates that the Nifty can potentially fall to 23,500 levels.

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Category: BusinessFinance

Markets: IndiaPakistan

Topics: Indian pakistan conflict Market today Sensex outlook Bse nse Weekly market outlook Market trends Nifty 50 index Market outlook Stock market today Nse nifty Market technicals Operation sindoor Stock market trading Market forecast Nifty outlook Bse sensex

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Article Type: News Report

Published On: 2025-05-07 @ 09:32:46 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 537 words

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Copyright Owner: © Business Standard

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