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Live: Will Nifty make a dash at 23,000? ICICI, Bajaj Finance in focus| MPC decision| Opening Bell

Indian benchmark indices ended higher for the second consecutive session amid volatility. The Nifty Index showed strength after a gap-up opening, ending higher at 22,821.40. On the lower side, Nifty has strong support near 22,600 levels, which is also close to its 20-Day EMA levels. According to experts, if the Nifty index fails to hold the mentioned support, it can witness further correction towards the next support of 22,400 levels. On the higher side, Nifty has strong resistance near 23,000 levels. Among cues to watch today, street awaits the outcome of RBI’s monetary policy meeting. The MPC is expected to hold interest rates steady at 6.5% yet again. PB Fintech, ICICI Bank, Mankind Pharma, Wipro and Bajaj Finance are the stocks to watch out for. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder, NeoTrader and Siddharth Vora, Head - Quant Investment Strategy & Fund Manager, PL Asset Management

first published: Jun 7, 2024 09:02 am