Technically, Nifty reclaimed the crucial 23,800 mark and closed near the day’s high, reflecting strong bullish momentum. The immediate support zone is now placed around 23,200–23,500, while the 23,800–23,900 region could act as a near-term resistance band. Overall, the session reinforced the positive undertone in the market, with improving liquidity, supportive earnings, and returning FII participation providing the foundation for continued strength, although investors remain watchful of global policy cues, geopolitical developments, and oil price movements.
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