The main Indian stock indexes NSE Nifty and BSE Sensex ended the day down on worries about an impending U.S. recession and as investor mood declined following MSCI’s announcement that it will reduce the weightings of four Adani Group firms. Sensex concluded 123 points lower at 60,682.7 while Nifty 50 dropped 37 points, or 0.21%, to settle at 17,856.5., hence, the LTP Calculator has proven accurate regarding the Nifty weekly range, as usual. The volatility index, India VIX, declined 2.26%, which resulted in varied closing prices for both the overall markets and sectoral indexes. As Nifty Metal plummeted on Friday, Nifty Realty was the biggest gainer.
LTP CALCULATOR ANTICIPATION FOR THE NEXT WEEKLY RANGE OF NIFTYÂ
Since the LTP Calculator Option Chain suggests that the next weekly range Resistance and Support for the NIFTY are 18,096 and 17,961, respectively, investors should be mindful of these factors.
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