Indian equity indices expected to open negatively due to mixed sectoral performance and global factors.
Indian equity indices are expected to open negatively, following mixed signals with IT and metal sectors gaining while FMCG, realty, and auto sectors decline. Nifty remains above key moving averages but may face resistance around 23,850, with support at 23,400 levels. Global factors such as US Dollar Index and crude oil prices are being closely watched. Investors are advised to focus on selective stock picking and monitor market movements.
June 24, 2024
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