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Live: Nifty poised for strong start|Road ahead for Zee after failed merger with Sony| Axis Q3 today

Nifty 50 is expected to be choppy in the short term with crucial hurdle on the higher at 21,850 and the support at 21,300, the low of this month. Hence, if the index breaks either side of this range, then the directional move can be seen in coming days, experts said. On January 20, the additional trading session of the week, the BSE Sensex fell 260 points to 71,424, while the Nifty 50 was down 51 points to 21,572. The index was down 1.5 percent for the week. This morning global cues are extremely encouraging with Wall Street hitting a new high overnight and the GIFT Nifty indicating a gap up start above the 21,700 mark. Among stocks in focus will be ICICI Bank, Zee Entertainment, Persistent Systems & Coforge among others. Catch Nandita Khemka in conversation with Sacchitanand Uttekar Vice President- Research (Derivatives And Technicals) At TradeBulls Securities and Nirav R Karkera, Head Research, Fisdom.

first published: Jan 23, 2024 08:39 am