📰 ET Markets 🔴 BEARISH 🕒 31 Oct 2026, 04:35 PM IST

Dalal Street Weak Ahead: Nifty stands on firmer footing, but can it break past 23,450?

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Core Development: Dalal Street Weak Ahead: Nifty stands on firmer footing, but can it break past 23,450?

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Market & Financial Impact: The Nifty gained 2% last week, recovering above the crucial 200-week moving average at 22,700. While easing volatility and buying at lower levels support the rebound, bearish momentum indicators suggest caution. Analysts identify 23,300–23,450 as immediate resistance and 22,750–22,525 as key support for the coming week.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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Dalal Street Weak Ahead: Nifty stands on firmer footing, but can it break past 23,450?

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